Orient Cement posts INR682 4Q net profit
CK Birla Group subsidiary Orient Cement Ltd reported a 1.4 per cent uptick in revenue from operations to INR8.88bn in January-March 2024 when compared with the equivalent quarte...
India
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Ambuja Cements announces record results
Ambuja Cements , part of the Adani Group , has reported record-breaking financial results for the 4QFY23-24 as well as the full year, ended 31 March 2024. According to the compa...
UltraTech Cement sales up 9% YoY
India’s UltraTech Cement , part of the Aditya Birla Group, has reported a strong performance in the 4QFY24, ended 31 March 2024. Consolidated net sales for the three-month perio...
Sanghi Industries sees revenue decline YoY
Sanghi Industries has posted revenue of INR2883.3m (US$34.5m) in the quarter ended 31 March 2024. This compares to INR2270.1m in the same period a year earlier. Net loss over th...
ERP for increased cement industry efficiency Premium
Enterprise resource planning (ERP) brings together the myriad of data flows in a cement company, enabling staff to make informed decisions on how to manage operations. This arti...
Indian cement demand continues apace but undersupply looms
Indian cement consumption rose 7.9 per cent YoY in 2023, amounting to 418Mt, according to ICR Research. Per capita consumption increased to 293kg in 2023, up from 273kg a year e...
Shiva Cement reports loss in FY24
India-based Shiva Cement Ltd has reported revenue from operations of INR1444.5m (US$17.3m) in the quarter ended 31 March 2024. This compares to INR978.5m in the previous quarter...
Indian cement demand to grow by 6-7% in FY24-25
Indian cement volume growth recovered to a healthy 7-8 per cent YoY in the last quarter (1 January 2024-31 March 2024) of FY23-24, on aggressive volume push, after growing ~15 p...
Star Cement begins production at new clinker line
Star Cement has commenced production at its new clinker line in Lumshnong, Meghalaya, India, with effect from 21 April. The new line has a clinker production capacity of 3.3Mta....
UltraTech agrees to acquire India Cements grinding facility
India’s leading cement producer, UltraTech Cement , has agreed to purchase a 1.1Mta grinding facility in Parli in Maharashtra for INR3.15bn (US$37.8m) from India Cements Limited...