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Net profit of Ambuja Cements rises 77%

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Net profit of Ambuja Cements rose 77 per cent to Rs 304 crore in the September 2012 quarter on a year-on-year basis because of higher price realisations.

However, on a sequential basis, net profit of the company declined 35 per cent. During the quarter, the company’s sales grew 20 per cent to Rs 2,168 crore. Cement output and sales in the quarter were up 1.3 per cent each at 4.71 million tonne (mn t) and 4.70 mn t, respectively. Overall expenses increased 21 per cent to Rs 503 crore.

Meanwhile, net profit of ACC expanded 48 per cent owing to improved realisations. The firm’s sales increased 14 per cent. Cement production in the September quarter was down five per cent at 5.40 mn t against 5.69 mn t registered in the same period last year.

Sales volume was depressed against a backdrop of weak demand from the construction sector and prolonged monsoon, said the company. The company’s operational cost had gone up five per cent to Rs 2,145 crore (Rs 2,049 crore) despite lower production.

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Concrete

thyssenkrupp Polysius, SaltX partner for electrified production

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thyssenkrupp Polysius and Swedish startup SaltX have signed a Letter of Intent (LOI) to co-develop the next generation of electrified production facilities, advancing industrial decarbonisation. Their collaboration will integrate SaltX’s patented Electric Arc Calciner (EAC) technology into thyssenkrupp Polysius’ green system solutions, enabling electric calcination, replacing fossil fuels with renewable energy, and capturing CO2 for emission-free production. Dr Luc Rudowski, Head of Innovation, thyssenkrupp Polysius, emphasised that this partnership expands their portfolio of sustainable solutions, particularly in cement, lime, and Direct-Air-Capture (DAC). Lina Jorheden, CEO, SaltX, highlighted the significant CO2 reduction potential, reinforcing their commitment to sustainable industrial processes.

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Concrete

Terra CO2 secures $82m to scale low-carbon cement technology

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Terra CO2, a US-based sustainable building materials company, has raised $82 million in Series B funding, co-led by Just Climate, Eagle Materials and GenZero, with continued support from Breakthrough Energy Ventures. The investment will accelerate the commercial deployment of Terra’s OPUS technology, enabling the construction of multiple production facilities across North America and Europe. With the cement industry responsible for 8 per cent of global CO2 emissions, Terra’s solution provides an immediate, scalable alternative using abundant raw materials that integrate seamlessly with existing infrastructure. The company has secured key partnerships, including a deal with Eagle Materials for multiple 240,000-tonne plants.

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Concrete

Titan Cement Group enters South Asia

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Titan Cement Group has expanded into the South Asian market through a joint venture with JAYCEE, an India-based producer of supplementary cementitious materials. Titan will hold a majority stake in the newly formed company, Atlas EcoSolutions, which will focus on sourcing, processing, marketing, and distributing SCMs globally. This initiative aims to support sustainable construction by promoting alternatives to clinker-based cement. Jean-Philippe Benard, Head of Supply Chain and Energy Development, emphasised that the venture aligns with Titan’s strategy to lead in low-carbon building materials while reinforcing its commitment to sustainability and innovation. The move strengthens Titan’s position in a high-growth market while ensuring long-term access to SCMs.

 

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