Cement News tagged under: Sanghi Cement
Sanghi Cement reports a loss as power costs soar11 August 2022, Published under Cement NewsSanghi Cement has posted unaudited revenue of INR3391.4m (US$42.67m) in the quarter ended 30 June 2022, up from INR2819m in the same period a year earlier. Compared to a profit of INR223.2m in the quarter ended 30 June 2021, in the same quarter this year the company has reported a loss of -INR328.7m. While finance costs over the period have jumped from INR206.9m to INR445.2m, power and fuel costs have soared from INR921.2m to INR1928.6m. Selling expenses have also risen, as have depreci... |
Sanghi Cement gets environmental clearance for Abdasa08 May 2018, Published under Cement NewsSanghi Cement has received environmental clearance for its capacity expansion project at Abdasa, Kutch district, India. The cement producer is currently boosting cement capacity from 4Mta to 8.6Mta and lifting its clinker capacity from 3.5Mta to 7.5Mta. The INR13bn (US$193.7m) investment also includes the establishment of a grinding facility at Surat. "We raised finance for the project sometime back and one of the fund raising conditions was that the company would have get environment... |
Page
1
of
1
1