Cement News tagged under: Mangalam Cement
Mangalam Cement sees net sales rise 3% in FY19-2018 June 2020, Published under Cement NewsIndia’s Mangalam Cement has reported net sales of INR3.04bn (US$39.79m) in the quarter ending 31 March 2020, a 7.9 per cent YoY decline compared to INR3.3bn in the 4QFY18-19. However, net profit surged to INR155.1m from INR16.7m. In the full FY19-20, total income advanced 2.8 per cent YoY to INR12.58bn from INR12.23bn in the previous fiscal year. The company also posted a net profit of INR759m against a net loss of INR97.3 in the FY18-19. |
Mangalam Cement commissions WHR unit16 January 2020, Published under Cement NewsIndia's Mangalam Cement has commissioned new waste heat recovery capacity at its plant in Morak, Rajasthan. The company has initially put 5.15MW into operation. A further 5.85MW is expected to be commissioned during the current quarter (4QFY19-20). |
Mangalam Cement posts record quarterly profit06 August 2019, Published under Cement NewsIndia’s Mangalam Cement has reported a record net profit of INR330m (US$4.66m) for the quarter ending 30 June, following an INR150m net loss in the year-ago period. Operational revenue surged 31 per cent YoY to INR3.33bn from INR2.55bn, while the EBITDA margin improved to 20.4 per cent from 1.9 per cent. |
Mangalam Cement records 22% income increase15 November 2018, Published under Cement NewsIndia-based Mangalam Cement Ltd has announced a 22.4 per cent YoY increase in total income to INR2.91bn (US$40.3m) for the 2QFY18-19, rising from INR2.38bn. Net profit advanced 191.8 per cent to INR31.25m from INR10.71m in the year-ago period. In the six-month period ended 30 September, total income was up 3.2 per cent YoY at INR5.5bn. However, the company also recorded a net loss of INR121m in the 1HFY18-19. |
Mangalam Cement reports net loss of INR153.2m06 August 2018, Published under Cement NewsIndia-based cement producer Mangalam Cement has reported a standalone net loss of INR153.2m for the quarter ended June 2018, compared with a net profit of INR121.1m in the quarter ended June 2017. Sales edged up one per cent to INR2.541bn in the 1QFY18-19 when compared with sales of INR2.516bn in the year-ago period. |
Mangalam Cement records 8% sales increase in FY1816 May 2018, Published under Cement NewsIndia’s Mangalam Cement Ltd has reported a one per cent YoY increase in net sales for the quarter ending 31 March 2018, rising to INR3.102bn (US$45.76m) from INR3.072bn. Net profit advanced 29.7 per cent to INR45m, compared with INR34.7m of the year-ago period. In the FY18, the company’s net sales surged 7.9 per cent YoY to INR11.49bn (FY17: INR10.66m). However, net profit saw a significant fall of 68.9 per cent to INR113.8m (FY17: INR360.6m). |
Mangalam records 8% revenue increase13 February 2018, Published under Cement NewsIndia-based Mangalam Cement has submitted its results for the quarter ending December 2017, which feature a 46 per cent YoY decrease in net profit to INR27m (US$420,126) from INR58.5m. However, revenue has increased eight per cent to INR2.92bn from INR2.7bn of the year-ago period. The company has also received approval to construct a 11MW waste heat recovery unit at its plant in Morak, Rajasthan, according to Reuters. |
Mangalam Cement 2Q net profit falls 77%13 November 2017, Published under Cement NewsIndia-based Mangalam Cement reported a standalone net profit of INR10.7m (US$163,424) for the quarter ended 30 September 2017, representing a 77 per cent decrease when compared with 2QFY16, when net profit reached INR47.2m. The company’s net revenue advanced by 25 per cent to INR2.373bn in the July-September quarter from INR1.895bn reported in 2QFY16. Operating expenses increased by 25.67 per cent to RINR2.1bn from INR670.9m in the year-ago period. Mangalam’s operating profit rose by ... |
India: Mangalam Cement production increase20 September 2016, Published under Cement NewsFollowing a trial run at the plant in August 2016, Mangalam Cement’s new 0.75Mta grinding unit in Aligarh, Uttar Pradesh, has commenced operations. The expansion project that introduced the plant's new grinding unit is said to have cost INR700m (US$10.4m) The company’s overall capacity now stands at 4Mta, up from 3.25Mta. |
India: Mangalam Cement conducts new milling trial11 August 2016, Published under Cement NewsMangalam Cement has undertaken a trial run of its new 0.75Mta grinding unit, located at Aligarh in Uttar Pradesh. The new unit brings Mangalam’s capacity up to 4.0Mta. |