Posts tagged with Cement

Ambuja Cements net profit up 65% to Rs 1,228 Cr
May 2021 , by in ALLIED

 Ambuja Cements Ltd, part of Swiss firm LafargeHolcim, on April 29th reported a 65.4 per cent jump in consolidated net profit to Rs 1,228.24 crore for the first quarter ended March 2021, helped by volume growth. The company, which follows the January-December financial year, had clocked a net pr... Read more...

Shiva Cement Q4 Net Loss Of Rs 6 Cr
Apr 2021 , by in ALLIED

Shiva Cement fell 3.03% to Rs 20.80 after the company reported a net loss of Rs 5.72 crore in Q4 FY21 compared with net loss of Rs 6.32 crore in the same period last year. Net sales during the quarter fell 6.4% year-on-year (YoY) to Rs 7.92 crore. Interest outgo, however, declined 22.3% to Rs 2.93 c... Read more...

Rise In Demand To Push Up Cement Volumes
Apr 2021 , by in ALLIED

For Q4 of FY 2021, cement companies are likely to report good volumes on greater demand, backed by strong rural, housing and infra demand and a favourable base of the 8-10 days lost in March 2020. Despite rising costs, profitability will rise boosted by higher prices and cost optimisation, accord... Read more...

Cement Spreads Highest Since June 2020
Apr 2021 , by in ALLIED

Impacted by rising input costs, cement manufacturers have taken yet another price hike in April, shows the latest dealers channel check by Motilal Oswal Financial Services Ltd. According to the brokerage house, prices have been raised by around 3% on a month-on-month basis in April and now stand at ... Read more...

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