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Ambuja, ACC achieve 7.2% growth in June

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ACC and Ambuja Cement, the two leading cement manufacturers, on July 2 reported a modest growth in production at 1.97 million tonne (mt) and 1.78 mt respectively in June.During the corresponding month last year, production of ACC and ACL had stood at 1.96 mt and 1.65 mt respectively.In June, despatches of ACC grew to 1.96 mt compared to 1.91 mt, while Ambuja stood at 1.79 mt over 1.66 mt last year.During the January-June period this year, ACC’s production stood at 12.86 mt, as against 12.18 mt in the year-ago period.The company’s despatches grew to 12.79 mt during the first six months of this year compared to 12.18 mt in the same period last year.In case of Ambuja, production for the first six months grew to 11.67 mt against 10.79 mt in the same period last year, while its despatches for the period stood at 11.67 mt from 10.77 mt in the corresponding period last year.

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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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