Concrete

Ramco Cement Posts 64% Profit Drop

Ramco Cement reports significant dip in Q2 profit.

Published

7 months ago

November 14, 2024

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Ramco Cements has posted a sharp decline in net profit for Q2 FY25, with a decrease of 64.21% compared to the same period last year. This drop in earnings is attributed to a combination of factors, including rising input costs, lower demand, and increased competition in the cement industry.

For the quarter, the company recorded a net profit of ?98.4 crore, down from ?274.4 crore in Q2 FY24. The cement major faced pressures from higher raw material and energy costs, which impacted margins. Additionally, subdued demand for cement in certain regions, as well as challenges in passing on cost increases to customers, contributed to the decline.

However, despite the fall in profitability, Ramco Cement remains optimistic about the long-term growth prospects, driven by infrastructure development, increasing urbanization, and government initiatives to boost construction activity. The company plans to focus on cost optimization and capacity expansion to regain its financial footing and improve its margins in the coming quarters.

In terms of volume growth, Ramco Cements has seen some regional fluctuations, with stronger demand in specific markets, though overall growth has been restrained. The company is focusing on expanding its footprint in key markets and increasing production efficiency to navigate the current challenging environment.

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Concrete

Star Cement launches ‘Star Smart Building Solutions’

Published

4 days ago

June 17, 2025

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Star Cement has launched ‘Star Smart Building Solutions,’ a new initiative aimed at promoting sustainable construction practices, as per a recent news report. This venture introduces a range of eco-friendly products, including tile adhesives, tile cleaners and grouts, designed to enhance durability and reduce environmental impact. The company plans to expand this portfolio with additional value-added products in the near future. By focusing on sustainable materials and innovative building solutions, Star Cement aims to contribute to environmentally responsible construction and meet the evolving needs of modern infrastructure development.

Image source:https://www.starcement.co.in/

Concrete

Nuvoco Vistas reports record quarterly EBITDA

Published

4 days ago

June 17, 2025

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Nuvoco Vistas reported its highest-ever quarterly consolidated EBITDA of Rs.556 crore in Q4 FY25, with annual EBITDA at Rs.1,391 crore. Cement sales reached 19.4 MMT in FY25, with Q4 contributing 5.7 MMT. Revenue rose 4 per cent YoY to Rs.3,042 crore in Q4. Net debt reduced by Rs.390 crore to Rs.3,640 crore. The company received NCLT approval for acquiring Vadraj Cement, targeting 31 MMTPA capacity by FY27. Key marketing initiatives, expanding RMX and MBM businesses, and a focus on sustainability (457 kg CO2/tonne) drove performance. Nuvoco remains focused on premiumisation, operational efficiency, and market expansion.

Image source:nuvoco.com

Concrete

UltraTech Cement increases capacity by 1.4Mt/yr

Published

4 days ago

June 17, 2025

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UltraTech Cement has expanded its production capacity by 1.4 million tonnes per annum (Mt/yr) through a combination of debottlenecking efforts and operational efficiency upgrades across several of its plants. The enhancements include an addition of 0.6Mt/yr in grinding capacity at the Nagpur facility in Maharashtra and a combined 0.8Mt/yr at the Panipat and Jhajjar units in Haryana. With these upgrades, the company’s total domestic grey cement capacity has risen to 184.8Mt/yr, while its global capacity now stands at 190.2Mt/yr.