india cements

India Cements Q4 Results: Net loss narrows to Rs 50.06 crore – ET Infra

NEW DELHI: India Cements Ltd on Monday reported a narrowing of consolidated net loss to Rs 50.06 crore in the fourth quarter ended March 31, 2024, helped by improved sales volume. The company had posted a net loss of Rs 243.77 crore in the same quarter a year ago, India Cements Ltd said in a […]

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VM Mohan appointed India Cements additional director – ET Infra

CHENNAI: India Cements appointed V M Mohan as its additional director with effective from November 1, 2023. He has joined the company’s board as a non-executive and non-independent director. A qualified chartered accountant, cost and management accountant and company secretary, Mohan has more than four decades of experience of working in various positions in India

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India Cements Ltd posts standalone Q2 net loss at Rs 81.39 cr – ET Infra

CHENNAI: Cement maker The India Cements Ltd has reported a standalone net loss for the July-September 2023 quarter at Rs 81.39 crore, the company said on Wednesday. The standalone net loss during the corresponding quarter of last year stood at Rs 137.58 crore. For the six-month period ended September 30, 2023 the net loss was

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India Cements to sell property to UltraTech for ₹70 crore – ET Infra

CHENNAI: Cement major India Cements has agreed to sell one of its property (73.7 acre) to another leading cement manufacturer UltraTech Cement for a consideration of Rs 70 crore. On Thursday, the leading cement manufacturer informed the BSE that it has entered into an agreement with UltraTech Cement Limited for the sale of land measuring

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India Cements on the ‘verge’ of monetising some assets: N Srinivasan – ET Infra

Cement manufacturer The India Cements Ltd was in discussions with interested parties and “on the verge” of monetising its assets in Tamil Nadu, part of the proceeds of which would go towards reducing its total debt by Rs 500 crore, a top official said on Wednesday. The company’s Vice-Chairman and Managing Director N Srinivasan said

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India Cements posts Q4 standalone net loss of Rs 217.79 cr – ET Infra

CHENNAI : Cement manufacturer The India Cements Ltd has reported a standalone net loss at Rs 217.79 crore for the fourth quarter ending March 31, 2023, which the company attributed to the record increase in the cost of fuel and power. The city-based company had registered a standalone net loss of Rs 23.71 crore during

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India Cements Q4 loss widens as expenses surge – ET Infra

BENGALURU: India Cements Ltd reported a wider fourth-quarter loss on Wednesday, as raw material and fuel costs surged. Loss before exceptional items and tax deepened to 1.28 billion rupees ($15.65 million), from a loss of 364.7 million rupees a year ago. Total expenses jumped 12.2%, led by increase in materials used and fuel costs. For

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