Economy & Market

Cement cos post marginal rise in output

Published

13 years ago

July 31, 2012

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Production at Ambuja Cement rose to1.78million tonne (mn t) in June from1.65 mn t in the year-ago month. For another cement maker ACC, output expanded to 1.97 mn t in the month compared to 1.96 mn t in the year-ago month.For Ambuja Cements, production during the January-June period this year grew to 11.67 mn t against 10.79 mn t in the same period last year, while despatches for the period stood at 11.67 mn t from 10.77 mn t. in the corresponding period last year.For ACC, production stood at 12.86 mn t during the six months, as against 12.18 mn t in the year- ago period. Despatches grew to 12.79 mn t during the first six months of this year compared to 12.18 mn t in the same period last year. In June, despatches of ACC grew to 1.96 mn t compared to 1.91 mn t, while Ambuja’s stood at 1.79 mn t over 1.66 mn t last year.

Concrete

Shree Cement reports 2025 financial year results

Published

4 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

4 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

4 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/