Economy & Market

Vikram Inamdar, VL Inamdar Co

Published

13 years ago

June 30, 2012

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Dealers and stockists are the vital links between the cement industry and its customers. They are the people who are in constant touch with the end-users. They are the ‘pulse of the industry’. We bring to you the voice of the dealers and stockists, featuring their suggestions, expectations and much more, for a better tomorrow for the industry.Vikram Inamdar, VL Inamdar CoIn the past 15 years, the VL Inamdar Company has been an exclusive dealer of UltraTech cements in Pune, Maharashtra. In all their years of operation they have found that the largest selling brand is Birla Super OPC53 Cement and Birla White Cement. They also note that the largest selling grade in their region is OPC53.With an average monthly dispatch of 650 MT and stock of around 100 mt,Vikram Inamdar has noticed an increase in the proportion of his institutional sales to retail sales, which now stands at 30:70. Inamdar says that the cement companies provide support on various aspects, including technical and marketing. They even have leisure facilities on a regular basis. He also says that they generally do not face delays in the arrival of stock from the company. Inamdar is of the opinion that the implementation of GST can improve the transparency between cement manufacturers and the government along with enhancing trade.

Concrete

Shree Cement reports 2025 financial year results

Published

5 days ago

June 17, 2025

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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/

Concrete

Rekha Onteddu to become director at Sagar Cements

Published

5 days ago

June 17, 2025

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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/

Concrete

India’s cement consumption set to rise

Published

5 days ago

June 17, 2025

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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/