Sagar Cement posts INR2.82 net profit
India-based reported a net profit of INR2.82bn in the quarter ended 30 September 2014, compared with a INR115m loss the previous year.
Sagar Cements
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Sagar gets Board nod for BMM acquisition
The board of Sagar Cements has given approval in-principle for the acquisition of a 100 per cent equity stake in BMM Cements Ltd as the company seeks to expand its presence in s...
Sagar Cement completes sale of joint-venture stake
Sagar Cements has completed the sale of its stake in Vicat Sagar Cement, therefore formalising its exit from the joint-venture company. In mid-July an agreement had been reached...
Sagar in talks to buy BMM Cements, India
Sagar Cement is in talks to buy BMM Cements as it plans to use the proceeds from the sale of its stake in the Vicat Sagar joint venture to fund growth organically and through M&...
Vicat to take full control of Indian joint venture
Vicat is to take 100 per cent control of Vicat Sagar Cements after agreeing to buy out Sagar Cements from the joint venture company.
Sagar denies Vicat buy-out talks
Sagar Cements Ltd has denied reports that it is in talks to sell its 47 per cent stake in its Vicat Sagar joint venture. The Economic Times newspaper earlier reported, citing un...
India: Sagar Cements to invest INR1200m in railway line
Sagar Cements Ltd will invest INR1200m |(US$20.8m) in a private railway line to improve its market reach and cut freight costs. The 7km line will connect the company’s plant, ne...
Squeeze tightens on Indian cement
Muted volume growth and continuing cost pressures have put a further squeeze on the earnings of Indian cement companies with a disappointing 15 per cent YoY fall in EBITDA/t in ...
Vicat launches Bharathi brand in south Maharashtra market, India
The Vicat Group has launched its Bharathi cement brand in the south Maharashtra market, which is being supplied from its new plant at Gulbarga, Karnataka. The plant, which has a...
Vicat Sagar joint venture plant begins production, India
The first line at the greenfield Vicat Sagar plant, a joint venture between France-based Vicat and Sagar Cements, has started production. Located in the north of Karnataka, the ...