Economy & Market

ACC Cements production up 6.1 per cent year-on-year

Published

14 years ago

June 30, 2011

admin

In June 2011, ACC registered a growth of 6.18 per cent in cement production at 1.89 million tonne, up from 1.78 million tonne in the year-ago period. The company reported an increase of 7.30 per cent in its despatches in June at 1.91 million tonne. The despatch stood at 1.78 million tonne during the same month of 2010. ACC’s cumulative despatches during the January-June period of this year stood at 12.18 million tonne as against 10.88 million tonne during the first six months of 2010, registering a rise of 11.95 per cent. During the first half of 2011, the company’s cement production was 12.18 million tonne, up 11.33 per cent from the figure of 10.94 million tonne in the corresponding period of last year.

Concrete

Shree Cement reports 2025 financial year results

Published

23 hours ago

June 17, 2025

admin

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/

Concrete

Rekha Onteddu to become director at Sagar Cements

Published

23 hours ago

June 17, 2025

admin

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/

Concrete

India’s cement consumption set to rise

Published

23 hours ago

June 17, 2025

admin

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/