Cement News tagged under: Saurashtra Cement
Saurashtra Cement publishes increase in revenue24 July 2024, Published under Cement NewsSaurashtra Cement Ltd has reported consolidated revenue from operations of INR17.65bn (US$210m) in FY23-24 (ended 31 March 2024), up from INR16.45bn (seven per cent YoY). EBITDA for the year was INR1.2bn, compared to INR572m in FY22-23, reflecting a 77.1 per cent YoY increase. Net profit for the year before tax came in at INR565m, marking an 88 per cent YoY increase. Blended cement sales growth was higher than the overall sales growth and clinker production was up nine per cent than th... |
Saurashtra Cement sees upturn in income13 February 2024, Published under Cement NewsSaurashtra Cement has posted total income of INR4508m (US$54.34m) in the quarter ended 31 December 2023. This compares to INR3781m in the previous quarter and INR4465m in the same quarter a year earlier. Net profit in the December 2023 quarter came in at INR125m, up notably from the INR7.9m seen in the previous quarter and the INR28.5m loss recorded in the quarter ended 31 December 2022. Total expenses have declined from INR4470m in the December 2022 quarter to INR4156m in the same quar... |
Saurashtra Cement sees revenue decline 13% YoY03 November 2022, Published under Cement NewsIndia’s Saurashtra Cement Ltd has reported consolidated revenue from operations of INR1864m (US$22.5m) in the quarter ended 30 September 2022. This compares to INR2145m in the previous quarter and INR1775m in the same quarter a year earlier. In the six months ended 30 September 2022, revenue from operations came in at INR4010m, up from INR3425m in the same period a year ago. In terms of profit, the quarter under review saw a net loss of INR225m, compared to a loss of INR10.2m in the prev... |
Saurashtra Cement shuts down kiln for maintenance08 June 2020, Published under Cement NewsIndia's Saurashtra Cement has shut down its kiln and all the relevant downstream equipment situated at its Ranavav plant, Gujarat, for maintenance operations. The maintenance programme is expected to last for around 35-40 days, but this will depend on the condition of the equipment. However, the cement grinding and packing operations at the plant will continue to operate to meet the cement dispatch requirements. Therefore, no impact on the sales volume is anticipated. |
India’s Saurashtra Cement posts Oct-Dec 19 net profit13 February 2020, Published under Cement NewsSaurashtra Cement has reported a net revenue from operations of INR1.52bn (US$21.3m) in October-December 2019 from INR1.58bn in the year-ago period. The company achieved a net profit of INR189.5m in the October-December 2019 quarter, a considerable improvement when compared with the INR6.7m loss reported in October-December 2018. |
Saurashtra Cement posts rising 1Q net profit09 August 2019, Published under Cement NewsIndia-based Saurashtra Cement reported a consolidated revenue from operations of INR1.51bn (US$21.4m) in the 1QFY19-20 (ended 30 June 2019), down 10.1 per cent from INR1.68bn in the year-ago period. The company’s 1QFY19-20 net profit jumped to INR156.1m in the April-June 2019 quarter from INR49.4m in the previous-year’s equivalent quarter. |
Saurashtra Cement reports 17% sales increase02 November 2018, Published under Cement NewsIndia's Saurashtra Cement has reported a net loss of INR37.2m (US$511,786) in the quarter ending 30 September 2018, falling from a net profit of INR100.7m in the year-ago period. However, the company's sales increased 16.7 per cent YoY to INR1.34bn from INR1.15bn. |
Saurashtra Cement shuts down kiln for annual maintenance20 December 2017, Published under Cement NewsIndian cement producer Saurashtra Cement has scheduled to start its annual kiln maintenance at its plant in Ranavav, Gujarat, from 8 January 2018. The process is expected to take around 20 days. However, cement grinding and dispatch departments will remain operational and no impact on sales volumes is anticipated. |
Saurashtra Cement sees profit rise10 November 2017, Published under Cement NewsIndia-based cement maker Saurashtra Cement Ltd has reported a profit rise to INR100.7m (US$1.55m) in the July-September 2017 quarter from INR44m when compared with the year-ago period. Total revenues from operations slipped from INR1.22bn in 2QFY16 to INR1.16bn in 2Q17. Saurashtra Cement is part of the Mehta Group and produces cement under the Hathi brand name. It serves the markets in Gujarat, Maharashtra, Rajasthan, Madhya Pradesh and the west coast of India from its precalciner pla... |
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