Dalmia Cement plans new 2Mta plant
India’s Dalmia Cement is planning to set up a new 2Mta grinding plant in Bokaro, Jharkhand, according to the state’s government. The company is expected to invest INR5.77bn (US$...
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Star Cement posts 3% revenue increase
India’s Star Cement has posted a standalone net profit of INR229.4m (US$3.07m) in the quarter ending 30 September, falling 39.8 per cent YoY from INR381.2m in the same period of...
Nuvoco launches two products for its Zero M Brand
Nuvoco Vistas Corp Ltd has launched Zero M Water Shield 2K and Zero M Speedex Tile Grout in a virtual event. Developed at the Nuvoco Construction Development and Innovation Cent...
Dalmia Bharat sees 11% climb in revenue
India’s Dalmia Bharat has reported a 10 per cent decline in net profit to INR2.09bn (US$27.93m) during the September quarter of FY21-22, compared with INR2.32bn in the year-ago ...
Ramco Cements announces 19% increase in revenue
India’s Ramco Cements has posted an 18.7 per cent YoY increase in consolidated revenue to INR15.03bn (US$200.1m) in the quarter ending September 2021. The company was reportedly...
Orient Cement records 28% YoY revenue increase
India’s Orient Cement has recorded a consolidated revenue of INR6.13bn (US$81.63m) in the 2QFY21-22, up 28.4 per cent YoY from INR4.78bn in the comparable period of the previous...
ACC reports 6% rise in EBITDA for the 3Q21
India’s ACC has reported a 6.1 per cent YoY rise in EBITDA to INR7.12bn (US$95.03m) in the third quarter of 2021, compared to INR6.71bn in the year-ago period. Profit after tax ...
Malabar Cements meets opposition against new mine
India’s BJP district committee has opposed the move to open a new limestone mine in Walayar forest, Kerala, for Malabar Cements Ltd (MCL). The current mining permission for MCL ...
UltraTech Cement records net sales of INR117,430m 2QFY22
UltraTech Cement Ltd, an Aditya Birla group company, announced its financial results for the quarter ended 30 September 2021. Consolidated net sales was INR117,430m (US$1558m) c...
Penna Cement receives approval for IPO
India’s Penna Cement has received approval from the Securities and Exchange Board of India for its INR15.5bn (US$206.56m) initial public offering. The IPO includes a fresh issue...