Connect with us

Economy & Market

Grasim Q2 profit falls 27percent at Rs. 450 cr

Published

on

Shares

The net profit of Grasim Industries for the second quarter (July-September) fell by 27.3 per cent year-on-year to Rs 450.3 crore, impacted by cement business that contributes more than 70 per cent to total revenues. The Aditya Birla Group-owned company’s consolidated net sales increased 3.6 per cent to Rs 6,801 crore in three-month period ended September 2013 from Rs 6,562 crore a year ago, driven by viscose staple fibre (VSF) and chemical segments. Grasim said that capacity expansions in VSF and cement will provide additional volumes, driving growth and further consolidate the company’s leadership.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Concrete

WCA Welcomes SiloConnect as associate corporate member

Published

on

By

Shares

The World Cement Association (WCA) has announced SiloConnect as its newest associate corporate member, expanding its network of technology providers supporting digitalisation in the cement industry. SiloConnect offers smart sensor technology that provides real-time visibility of cement inventory levels at customer silos, enabling producers to monitor stock remotely and plan deliveries more efficiently. The solution helps companies move from reactive to proactive logistics, improving delivery planning, operational efficiency and safety by reducing manual inspections. The technology is already used by major cement producers such as Holcim, Cemex and Heidelberg Materials and is deployed across more than 30 countries worldwide.

Continue Reading

Concrete

TotalEnergies and Holcim Launch Floating Solar Plant in Belgium

Published

on

By

Shares

TotalEnergies and Holcim have commissioned a floating solar power plant in Obourg, Belgium, built on a rehabilitated former chalk quarry that has been converted into a lake. The project has a generation capacity of 31 MW and produces around 30 GWh of renewable electricity annually, which will be used to power Holcim’s nearby industrial operations. The project is currently the largest floating solar installation in Europe dedicated entirely to industrial self-consumption. To ensure minimal impact on the surrounding landscape, more than 700 metres of horizontal directional drilling were used to connect the solar installation to the electrical substation. The project reflects ongoing collaboration between the two companies to support industrial decarbonisation through renewable energy solutions and innovative infrastructure development.

Continue Reading

Concrete

Cortec® Corporation applauded for its strong safety performance

Published

on

By

Shares

Cortec® Corporation has been recognised for its strong safety performance, receiving its sixth Governor’s Workplace Safety Award for its outstanding performance in 2025. As a Silver Achievement recipient, the company continues to maintain safety metrics well above national industry averages, an impressive accomplishment for a chemical manufacturing organisation. This achievement reflects Cortec’s proactive approach to workplace safety, focused on early hazard detection and employee involvement. The company will be formally recognised at the Minnesota Safety and Health Conference in May, highlighting how industrial companies are effectively strengthening workplace safety standards.

Continue Reading

Video Thumbnail
â–¶

    SIGN-UP FOR OUR GENERAL NEWSLETTER


    Trending News

    SUBSCRIBE TO THE NEWSLETTER

     

    Don't miss out on valuable insights and opportunities to connect with like minded professionals.

     


      This will close in 0 seconds