NG Ghadiya Group set to acquire National Limestone from ACC
India’s NG Ghadiya Group, a company involved in the business of construction mining, has announced that it intends to completely acquire National Limestone Co from ACC Ltd. The ...
Indian Sub-Continent
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PIBTL reports no congestion for coal imports
Pakistan International Bulk Terminal Ltd (PIBTL) has informed the government that its terminal at Port Qasim in Karachi is working smoothly without any congestion and delay in t...
Shree Cement orders next generation MVR mill from Gebr Pfeiffer
Shree Cement is building a new clinker line near Raipur, India. The raw mill and the coal mill have now been ordered from Gebr Pfeiffer. The new raw material mill, type MVR 6000...
Star Cement posts 31% fall in profit
India’s Star Cement has seen a 30.8 per cent fall in standalone net profit to INR381.2m (US$5.1m) in the quarter ending 30 September, compared with INR550.8m in the year-ago per...
Burnpur Cement sees net loss widen in 2Q
India’s Burnpur Cement has seen its standalone net loss widen to INR297.8m (US$3.99m) in the second quarter of FY20-21, against an INR21.3m loss in the 2QFY19-20. However, net r...
Shree Cement records 64% increase in profit
India’s Shree Cement has seen a 64 per cent YoY increase in consolidated net profit to INR5.23bn (US$70.71m) for the quarter ending 30 September 2020, compared with INR3.13bn in...
JK Cement sees net profit surge 106%
India’s JK Cement has reported a 105.5 per cent YoY rise in standalone net profit to INR2.24bn (US$30.1m) for the quarter ending 30 September 2020, compared to INR1.09bn in the ...
Dalmia Cement sees sales volumes rise 7%
India’s Dalmia Cement (Bharat) Ltd has seen a seven per cent YoY rise in sales volume to 4.8Mt in the second quarter of the FY20-21, on the back of strong rural demand and a pic...
Birla Corp posts 89% rise in profit
India’s Birla Corp has posted a net profit of INR1.66bn (US$22.35m) for the quarter ending 30 September 2020, up 88.6 per cent YoY over the same period last year. EBITDA reached...
India Cements sees rise in profit for the 2QFY20-21
India Cements has reported a rise in profit to INR714.3m (US$9.63m) for the second quarter of the FY20-21, compared to INR87.2m in the year-ago period. However, the company’s re...