Posts tagged with Cement

Cement demand to see 4.5% growth in FY19
Feb 2018 , by in Latest News

Cement demand in India is likely to grow about 4.5 per cent in 2018-19 on the back of pick-up in housing segment, and higher infrastructure spend, rating agency ICRA said. Domestic cement production during April-December 2017-18 stood at 216.5 million metric tonne (MMT), higher by 2.7 per cent compa... Read more...

Builders’ body seeks regulator for cement industry
Jan 2018 , by in Latest News

The Builders’ Association of India (BAI) today emphasised on the need for setting up a “Cement Regulator” and implement other reforms and regulatory mechanism for the construction sector to ensure a streamlined growth. The subcontractors in the construction sector are still levied GST of 18 pe... Read more...

Cement demand set to be muted in FY18
Jan 2018 , by in Latest News

The lingering sand shortages and slowdown in real estate activities will leave cement companies with a muted volume growth in the current financial year ending in March, while the next fiscal year may see demand picking up steam with around 5 per cent growth, says a report. On the demand front,... Read more...

UltraTech wins NCCBM National Awards
Dec 2017 , by in Latest News

Cement major UltraTech Cements has bagged national awards for energy efficiency and quality excellence by the National Council for Cement and Building Materials (NCCBM). Two units of UltraTech Cements-- Kotputli Cement Works and Vikram Cement Works – were recognized at the prestigious National A... Read more...

Ramco Cements Q2 net profit down 19%
Nov 2017 , by in Latest News

The Ramco Cements has recorded 18.8% year-on-year (y-o-y) fall in net profit to Rs 168.5 crore for the second quarter (Q2) of 2017-18 on the back of an increase in operating costs. “The advantage of low cost pet coke inventory built-up earlier has exhausted and the effects of subsequent purcha... Read more...

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