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Vilas Palresha, V T Palresha & Co Pvt Ltd

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VILAS PALRESHA, V T Palresha & Co Pvt Ltd, has been a dealer for the past 25 years, stocking cements of various companies – ACC, Vasavadatta, Birla Super, Birla Shakti, Orient, Ultratech, J K, CCI, My Cement etc. Birla Super and Ultratech are the largest selling brands of the company, because of their strong retail network built over a period of time. The volatility in price leads to excess stocking by retailer and less consumption by end-user, explained Palresha. He expects a better service and technical support with consistent pricing policy from the manufacturers. In the coming budget, Palresha wants the government to reduce excise duty, which will in turn lower prices, thereby giving a boost to the housing sector. The monthly sales of the company is 25,000 mt. To improve sales, Palresha suggested that there should be better sales promotion activities like wall painting, hoarding, sales meeting, visiting sales personnel, etc. OPC cement sells more but slowly the sales of blended cement is also increasing, informs Palresha. The increase in prices of diesel/petrol dents the company’s profitability. Palresha said that if the quality of packaging has improved, it would stop cement pilferage during transportation, but the packing can be made more attractive and informative. The company supplies cement to PMC/PCMC and Pune district. Palresha suggested that local authority should device some mechanism to cut down the waiting period of vehicle at octroi post, such as the octroi may be deposited in advance through a prepaid system. The company has tie-up with many banks and they pay 12-14 per cent interest. Vilas Palresha is the past president of Pune Cement Dealers Association.

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Concrete

Shree Cement reports 2025 financial year results

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Shree Cement posted revenue of US$2.38 billion for FY2025, marking a 5.5 per cent decline year-on-year. Operating costs rose 2.9 per cent to US$2.17 billion, resulting in an EBITDA of US$528 million—down 12 per cent from the previous year. Net profit fell 50 per cent to US$141 million. The company reported cement sales of 9.84Mt in Q4 FY2025, a 3.3 per cent increase from 9.53Mt in Q4 FY2024, with premium products making up 16 per cent of total sales.

Image source:https://newsmantra.in/

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Concrete

Rekha Onteddu to become director at Sagar Cements

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Sagar Cements has announced the appointment of Rekha Onteddu as a non-executive independent director, effective 30 June 2025. According to People in Business News, Rekha Onteddu is currently serving in a similar capacity at Andhra Cements, the parent company of Sagar Cements.

Image source:https://sagarcements.in/

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Concrete

India’s cement consumption set to rise

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According to a Moody’s report, India’s cement consumption is projected to rise by 50 per cent over the next five years, increasing from 445 million metric tons per annum (MMTPA) in FY24 to 670 MMTPA by 2030. This growth is expected to be driven by government infrastructure spending and rising housing demand, with an anticipated annual growth rate of 6-7 per cent. To meet this demand, major cement companies are likely to continue acquiring smaller, less profitable firms.

Image source:https://www.telegraphindia.com/

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