Cement News tagged under: Udaipur Cement Works
Udaipur Cement Works starts clinker expansion project15 September 2021, Published under Cement NewsUdaipur Cement Works Ltd (UCWL) has started project activity for a brownfield expansion at its 1.6Mta site in Rajasthan. Due to the increasing domestic demand of cement and in view of government’s push towards infrastructure development, the company decided to double its clinker capacity. UCWL received the environmental clearance for the project from India's Ministry of Environment Forest and Climate Change (MoEFCC) in January 2021 and since then has placed order for machinery and... |
Harvested rainwater accounts for 80% of Udaipur Cement's water requirements14 September 2021, Published under Cement NewsBeing an almost two times water-positive company, Udaipur Cement Works Ltd sources about 80 per cent of freshwater requirement from harvested rainwater stored in the mines pit located at a distance of 6km from the cement plant. The unit pumps water from mine pit through an overhead pipeline along with its overland limestone belt conveyor. The company is a zero-wastewater discharging company and treats its domestic wastewater through existing sewage treatment plant. It uses the treate... |
Udaipur Cement Works sees sales rise 15%21 January 2021, Published under Cement NewsIndia’s Udaipur Cement Works has seen its net profit surge to INR155.5m (US$2.13m) in the quarter ending 31 December 2020, compared to INR9.7m in the year-ago period. Sales also increased 15.4 per cent YoY to INR1.83bn from INR1.59bn in the 3QFY19-20. |
Udaipur Cement Works records 207% surge in EBITDA19 May 2020, Published under Cement NewsIndia’s Udaipur Cement Works has reported an 18.4 per cent increase in total income to INR6.85bn (US$90.2m) for the financial year ending 31 March 2020, compared with INR5.79bn in the FY18-19. EBITDA surged 206.7 per cent YoY to INR1.26bn from INR410.9m. The company’s net profit also reached INR155.2m from an INR407.3m net loss in the previous fiscal year. |
Udaipur Cement of India shuts plant due to Coronavirus epidemic24 March 2020, Published under Cement NewsUdaipur Cement Works Ltd (UCWL) of India has informed Bombay Stock Exchange (BSE) on 23 March that operations of the company's plant at Udaipur have been temporarily closed untill further notice as per the directions of the State Government and as safety measure against spread of the COVID-19 virus. A bourse filing of company adds that decision on resuming operations will depend on further directions of the Government. Udaipur Cement Works Limited, (formerly known as JK Udaipur Udyog L... |
Udaipur Cement returns to profit in the 3QFY19-2027 January 2020, Published under Cement NewsIndia-based Udaipur Cement Works Ltd, a subsidiary of JK Lakshmi Cement Ltd, reported a net profit of INR9.7m (US$135,776) for the third quarter ended 31 December 2019. In the 3QFY18-19 the company posted a net loss of INR120.5m. Income from operations increased 15.1 per cent to INR1.586bn in the 3QFY19-20 from INR1.378bn in the equivalent period of the previous financial year. |
Udaipur Cement Works sees 56% surge in revenue26 July 2019, Published under Cement NewsIndia’s Udaipur Cement Works has reported a 56.4 per cent YoY increase in total revenue for the 1QFY19-20 to INR2.02bn (US$29.3m), against INR1.29bn in the year-ago period. Net profit saw a considerable improvement to INR137m in the quarter ending 30 June 2019, when compared with its INR159m loss in the 1QFY18-19. |
Udaipur Cement reports sales increase in 3Q1805 November 2018, Published under Cement NewsIndia's Udaipur Cement Works has reported a contracting net loss in the 3Q18 at INR139m (US$1.903m), compared to a loss of INR234.9m in the year-ago period. Furthermore, sales increased 43.8 per cent YoY to INR1.15bn from INR800m. |
Star Cement announces 90% net profit increase16 November 2017, Published under Cement NewsStar Cement reported a standalone net profit of INR219.9m (US$3.37m) for the 2Q17 period ended 30 September 2017, a 89.9 per cent increase from the INR108m seen in the year-ago period. The revenue for the company fell to INR2.57bn from INR2.89bn in 2Q16. Star Cement reported EBITDA of INR530m for the second quarter of 2017, according to The Economic Times. The cost of expenses decreased to INR2.32bn from INR2.78bn of the corresponding quarter in 2016. In 1H17 the company saw a net profit... |
India: Udaipur Cement Works starts commercial production03 April 2017, Published under Cement NewsUdaipur Cement Works has completed its rehabilitation programme at its Udaipur cement works and started commercial production at the integrated works on 31 March 2017. The plant has commenced clinker and cement dispatches since. |