Cement News tagged under: Udaipur Cement Works
JK Lakshmi Cement to merge three subsidiaries02 August 2024, Published under Cement NewsJK Lakshmi Cement's board has approved the merger of three of the company's subsidiaries: Udaipur Cement Works (UCWL), Hansdeep Industries and Trading Co, and Hiddrive Developers and Industries. The appointed date for the merger is set for 1 April 2024. The Scheme of Arrangement is expected to become effective in the 2H24. Key details of the merger include the merger of Udaipur Cement Works, where shareholders of UCWL will receive four shares of JK Lakshmi Cement for every 100 shares held i... |
Udaipur Cement Works 4Q net profit up 17%20 May 2024, Published under Cement NewsIndia-based Udaipur Cement Works posted a net revenue of INR34.835bn (US$418.3m) in the January-March 2024 quarter (4QFY23-24), an increase of 18.2 per cent YoY from INR29.464bn in the 4QFY22-23. The company’s net profit increased 17.2 per cent YoY to INR197.9m in the 4QFY23-24 from INR168.9m in the year-ago period. Operating expenses increased by 14.9 per cent to INR2.874bn in the 4QFY23-24 from INR2.502bn in the equivalent period of the previous year while other income increased by 4... |
Udaipur Cement Works reports strong income02 February 2024, Published under Cement NewsUdaipur Cement Works Ltd has reported total income of INR3003.3m (US$36.17m) in the quarter ended 31 December 2023. This compares to INR2695.2m in the previous quarter and INR2385.1m in the quarter ended 31 December 2022. In the nine months ended 31 December 2023, total income came in at INR8163.2m, up from the INR7374.2m seen in the same period a year earlier. Profit after tax in the December 2023 quarter stood at INR252.6m, up significantly from the INR121.5m seen in the previous qu... |
Udaipur Cement reports revenue growth in September quarter27 October 2023, Published under Cement NewsIndia’s Udaipur Cement Works Ltd (UWCL) has reported total revenue of INR2695.2m (US$32.38m) in the quarter ended 30 September 2023, marking an increase from the INR2464.7m seen in the previous quarter and INR2205m recorded in the same quarter a year earlier. Net profit after tax for the September 2023 quarter came in at INR121.5m, compared to INR42.1m in the previous quarter and INR21.8m in the September 2022 quarter. Earnings per share increased from INR0.07 in the quarter ended 30 Se... |
Udaipur Cements Works sees revenue rise YoY15 May 2023, Published under Cement NewsUdaipur Cement Works Ltd has reported revenue from operations of INR10,322.6m (US$125.6m) in the year ended 31 March 2023. This compares to INR8811m in the same period a year earlier. Net profit over the same timeframe has fallen from INR486.6m to INR358.6m with total expenses expanding from INR8126.9m to INR9817.8m, driven by higher power and fuel costs. Earnings per share in the year ended 31 March 2023 came in at INR1.15, down from INR1.56 in the previous year. In the quarter endin... |
Udaipur Cement Works reports revenue growth01 February 2023, Published under Cement NewsIndia’s Udaipur Cement Works Ltd has announced unaudited revenue from operations of INR2381.7m (US$29.13m) in the quarter ended 31 December 2022. This compares to INR2200.5m in the previous quarter and INR2077.6m in the same period a year earlier. Net profit after tax in the quarter ended 31 December 2022 stood at INR32.2m, versus INR21.8m in the previous quarter and INR53.9m in the same period in 2021. Power and fuel costs advanced from INR549.2m in the quarter ended 31 December 2021 t... |
Udaipur Cement Works orders new VRM09 November 2022, Published under Cement NewsUdaipur Cement Works Ltd ( JK Lakshmi Cement group ) has ordered a Gebr Pfeiffer MVR vertical mill for grinding blended cement with a capacity of 350tph at a target fineness of seven per cent at R45µm. The mill with an integrated high-efficiency classifier of the type SLS 6000 VC will be equipped with a 6680kW drive. A special feature of the grinding system is that the fly ash is not dry but will be delivered with a moisture content of up to 20 per cent. As the grinding plant is located... |
Udaipur Cement Works introduces CNG-truck distribution14 December 2021, Published under Cement NewsUdaipur Cement Works Ltd (UCWL), subsidiary of JK Lakshmi Cement Ltd, has initiated the concept of “Green Mobility” for its product dispatch. The Whole-time Director of the company, Naveen Kumar Sharma, flagged off the first set of compressed natural gas (CNG)-based trucks going to customers. UCWL becomes the first cement company in the southern Rajasthan region to introduce CNG-based trucks for the dispatch of cement. The company has launched this initiative under its commitment to clea... |
Rainwater meets UCWL needs09 November 2021, Published under Cement NewsThe awareness of water as an finite resource to be conserved and recycled as much as possible has also been taken into account by the global cement industry for a long time. In India, JK Lakshmi Cement’s subsidiary Udaipur Cement Works Ltd (UCWL) has carried out significant work to make sustainable use of harvested rainwater at its limestone mines in Rajasthan. By Naveen Kumar Sharma and Jitesh Singh Darmwal, Udaipur Cement Works Ltd, India. UCWL Daroli limestone mine pit with harvest... |
Udaipur Cement Works Ltd plans solar investment to reduce its CO2 footprint04 October 2021, Published under Cement NewsUdaipur Cement Works Ltd (UCWL), a subsidiary of JK Lakshmi Cement Ltd, is ensuring its energy security through increasing its share of solar-based electricity in the total energy mix. The company has been sourcing solar power from a 10.1MW power plant at its premises. During the last two fiscal years, the company consumed about 13,000MWh of green solar power, which mitigated around 10,000t of CO 2 emissions. Furthermore, in line with its Integrated Sustainable Development Policy, t... |