Economy & Market

Dalmia Cement enters Maharashtra market

Published

10 years ago

June 30, 2015

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Dalmia Cement Bharat Ltd (DCBL) announced the launch of its superior grade cement in the Maharashtra market. The company has commenced operations at its greenfield cement plant in Belgaum district, Karnataka. Spread over 380 acre, and with a total capacity of 2.5 million tonne per annum, the over Rs 1,300-crore plant will cater to the needs of the customers in Maharashtra and Karnataka markets.

The plant is the company?s 11th manufacturing facility of the cement group commissioned in March 2015. As a leader with 24 million tonne cement manufacturing and the third largest manufacturing capacity in the country, Dalmia Cement wants to address the needs of its customers in Maharashtra. With a commitment to provide excellent quality service to the end consumers, Dalmia Cement is engaging with over 800 dealers in the region, who will be constantly supported with end-to-end marketing, technical and logistics support. Built on the most modern technology supplied by KHD Germany, the product will see premium positioning in the business.

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/