Economy & Market

Dalmia launches premium cement brand

Published

9 years ago

September 30, 2016

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Dalmia Cement Bharat, the country?s third-largest cement group, has launched a premium brand, Dalmia DSP Cement.

Senior Executive Director and Group Head B K Singh said that the new cement, to be first made available in Tamil Nadu, was developed by Dalmia?s research team. The company would offer free service to builders, including soil testing, water testing and supervisory advice, he said.

Singh claimed this special cement would make concrete buildings more durable. It would be packed in such a way that the cement could be stored for a longer time even during the rainy season and moisture would not have any impact. K Swami Nathan, Executive Director, said that Dalmia was among the top five companies in the industry in India.

The launch of the premium variety of cement would give the company an opportunity to "maximise customer?s preference and liking", he said, adding it would be introduced in other states in the south in a phased manner.

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/