Tag: Cement Sector
INFRASTRUCTURE Ramco Cements Says Tamil Nadu Levy Impacts Raw Material Costs

Leading cement manufacturer Ramco Cements Ltd (RCL) said rising fuel, gypsum, diesel and packaging material costs are expected to exert pressure on margins in FY27, even as cement prices have started improving from April 2026. RCL reported nearly fivefold rise in standalone net profit for the March quarter at ₹146 crore, aided by improved cement […]

CW Bureau · May 23, 2026
MANUFACTURING Shree Cement Cuts Capex On Lower Demand, Aims 80 MT Volume By ’29

Shree Cement Ltd (SCL), India’s third largest cement group, has slowed its capital expenditure plans to ₹1,500 crore amid subdued demand conditions, though it remains committed to expanding capacity to 80 million tonnes by 2029. Managing Director Neeraj Akhoury said during the analysts call that the company intends to “ride the wave” amid the current […]

CW Bureau · May 12, 2026
MANUFACTURING Ambuja Cements Q4 Profit Jumps 37%; Normalised Profit Declines

Ambuja Cements Ltd, the world’s ninth largest building materials solutions company, reported a 37% increase in consolidated net profit at ₹1,857 crore for the March quarter compared with the year-ago period. However, normalised net profit declined 34% to ₹569 crore, impacted by one-time reversals of income tax provisions (₹761 crore) and deferred tax liabilities (₹604 […]

CW Bureau · May 4, 2026
MANUFACTURING Kiln Breakdown Hits Dalmia Cement’s March Sales By Up To 3 Lakh Tonnes

Dalmia Cement (Bharat) Ltd said a 14-day disruption in one of its three kilns at Rajgangpur in Odisha impacted cement sales by around 2.5–3 lakh tonnes in March 2026. The company said the breakdown occurred on March 13, affecting clinker production at a key facility supplying multiple eastern markets. Impact on eastern markets The affected […]

CW Bureau · Mar 29, 2026
MANUFACTURING Ramco Cements Sells ₹1,081-Cr Asset Under Debt Reduction Plan

The Ramco Cements Ltd has exceeded its targeted non-core asset monetisation plan as part of its ongoing debt restructuring exercise, strengthening its balance sheet and improving key financial metrics. The company had earlier outlined plans to dispose of non-core assets worth around ₹1,000 crore over a two-year period to pare debt and enhance financial flexibility. […]

CW Bureau · Feb 27, 2026