Anjani Cement reports loss in 2022-23
India-based Anjani Cement has reported consolidated turnover of INR6615m (US$79.9m) in 2022-23, compared to INR8012.6m in 2021-22. Gross profit over the same period has declined...
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Adani group posts EBITDA growth of 42% in 1Q
Adani Group delivered EBITDA growth of 42 per cent YoY to INR235,320m (US$2852m) in 1QFY24 with businesses across segments ranging from airports and sea ports registered good gr...
Ambuja Cement's open offer for Sanghi Industries date set
Andani group-owned Ambuja Cements ' open offer to acquire 26 per cent equity from the public shareholders of Gujarat-based cement maker Sanghi Industries would commence from 29 ...
JK Cement's Aligarh plant boosts renewable energy
Ampln Energy Transition, an energy transition platform, has begun supplying 10MWp of solar power from its 30MWp solar plant in Mishrikh, Uttar Pradesh, India, to JK Cement’s Ali...
Sanghi Industries reports loss of income in June quarter
Sanghi Industries Ltd has posted total income of INR1702m (US$20.46m) in the quarter ended 30 June 2023. This compares to INR2270m in the previous quarter and INR3448.5m in the ...
UltraTech Chairman sets new capacity goal at AGM
In FY22-23 UltraTech Cement recorded net revenues of US$7.9bn (INR632,400m) and an EBITDA of US$1.4bn (INR111,230m). FY22-23 marked significant milestones for UltraTech as the f...
Grasim Industries sees revenue improve 11%
Grasim Industries, which owns UltraTech Cement , has reported revenue of INR310,650m (US$3753m) in the quarter ended 30 June 2023, marking an 11 per cent improvement YoY. Net pr...
Burnpur Cement profits hit by higher costs
India-based Burnpur Cement Ltd has reported total income from operations of INR497.2m (US$6m) in the quarter ended 30 June 2023. This compares to INR469.7m in the previous quart...
Mangalam Cement reports fall in revenue
Mangalam Cement Ltd , part of BK Birla Group, has reported revenue from operations of INR4205.3m (US$50.8m) in the quarter ended 30 June 2023. This compares to INR4593.3m in the...
India Cements reports loss in June 2023 quarter
The India Cements Ltd has reported revenue from operations of INR13,930.4m (US$168.3m) in the quarter ended 30 June 2023, down from INR14,462.3m in the same quarter a year earli...