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Ramco Cements Q1 net up 57percent at Rs 156 cr

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Ramco Cements Ltd has reported a 57 per cent growth in net profit during the quarter ended June 2016 at Rs 156 crore, as compared to Rs 99.24 crore for the quarter ended June 30, 2015.
Total income has increased from Rs 949.24 crore for the quarter ended June 30, 2015 to Rs 973.95 crore for the quarter ended June 30, 2016.
Sales volume in the domestic market during the quarter increased to 20.45 lakh tonnes from 17.82 lakh tonnes, a year ago. However, exports remained flat at 0.31 lakh tonnes.
The company said that there has been an improvement in the off-take of cement by about 15 per cent during the quarter. Ramco continued to focus on cost reduction measures and reduced the operating and logistics costs significantly and is confident of sustaining the momentum in the coming quarters also.
The cement major also reduced borrowings by around Rs 312 crore out of internal accruals and reduction in working capital during the quarter.

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Concrete

UltraTech Cement boosts capacity with new clinker line

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UltraTech Cement has commissioned a 3.35 million tonnes per annum (Mt/yr) brownfield clinker line and one of two 2.7Mt/yr cement grinding mills at its Maihar facility in Madhya Pradesh. The second mill is expected to be operational in Q1 of FY2026. The company has also expanded its Dhule (1.2Mt/yr) and Durgapur (0.6Mt/yr) grinding units and inaugurated its first bulk terminal in Lucknow with a 1.8Mt/yr handling capacity.

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Concrete

Ambuja Cements gets a new CEO

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Ambuja Cements has named Vinod Bahety as its CEO for a three-year term, following Ajay Kapur’s elevation to Managing Director. Bahety, formerly the company’s CFO, brings over 25 years of experience in finance and manufacturing, including a previous role as Group Head of M&A at Adani Group. Other key appointments include Rakesh Tiwary as CFO, Madhavi Isanaka as Chief Digital Officer, Vaibhav Dixit as Manufacturing Head, and Ashwin Raikundaliya as Chief Sustainability Officer.

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Concrete

Dalmia Bharat reaches 49.5 MTPA with Rohtas expansion

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Dalmia Bharat has successfully achieved its FY25 production capacity target of 49.5 million tonnes per annum (MTPA). This milestone was reached following the commencement of commercial production at its Rohtas Cement Works (RCW) in Bihar, where an additional 0.5 MTPA capacity has been added from March 30, 2025.
The expansion, which involved an investment of `96 crore, boosts the Rohtas plant’s total capacity to 1.6 MTPA. This development underscores the company’s continued focus on strengthening its presence in eastern India and aligns with its long-term goal of scaling total capacity to between 110 and 130 MTPA by the year 2031.
Puneet Dalmia, Managing Director and CEO, Dalmia Bharat, shared, “The Eastern region holds immense promise, and this expansion is a reflection of our commitment to contribute meaningfully to its infrastructure growth. Reaching the 49.5 MTPA mark is a key step in our journey towards sustainable and strategic expansion.”

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