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Indias cement sales up by 14 per cent in May

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In last May, cement sales jumped 14 per cent to 16.26 million tonne (mt) against 14.20 mt registered in the same period last year, according to the Cement Manufacturers Association.The increased sales were the result of pick up in demand for cement before the monsoon sets in and lower base last year. Production was up 14 per cent at 16.20 mt (14.27 mt) in May.The all-India capacity utilisation in May improved to 79 per cent against 74 per cent recorded in the same period last year. Utilisation in the southern states-Andhra Pradesh, Tamil Nadu, Karnataka and Kerala-was lowest at 67 per cent against 61 per cent in the same period last year.The northern region-Delhi, Uttarkhand, Haryana, Punjab, Rajasthan and Himachal Pradesh-registered the highest at 89 per cent against 74 per cent last year.Installed cement production capacity of the country increased to 307.6 mt with the addition of seven lakh tonne by Century Textiles.In the first two months of this fiscal, sales were up 11 per cent at 31.76 mt (28.58 mt) while production increased 12 per cent at 32.21 mt (28.87 mt).

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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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