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Cement firms continue growth drive

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After a spectacular performa-nce in the last September quarter most of the cement compa-nies conti-nued with good performances. JK’s white cement (including wall putty) volumes at around 1.01 lakh tonne mark an increase of 24.9 per cent year-on-year and 9.4 per cent sequentially.The revenues and profitability are being driven by volume growth in high margin white cement as well as grey cement. White cement volume grew good 24.9 per cent Y-o-Y and 9.4 per cent sequentially in the back of strong demand. On the flip side, White cement EBITDA per tonne stood at Rs 4,299 as compared to Rs 4,566 in September 2011 quarter though higher than Rs 4,284 June 2012 quarter.

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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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