+
Shree Cement begins commercial production at Baloda Bazar facility
Cement

Shree Cement begins commercial production at Baloda Bazar facility

On Monday, the cement major Shree Cement told the media that it began commercial production at the firm's clinkerisation unit (kiln-3) at Baloda Bazar, near Raipur in Chhattisgarh.

The plant has a production capacity of 12,000 tons per day (4.0 million tons per annum).

Earlier on 16 March, the firm declared that it started a trial run of its new clinkerisation plant. The clinkerisation unit shall boost the firm's clinker supply to its various grinding units in the Eastern region.

Shree Cement is one of India's leading three cement producers. Its portfolio of products comprises Shree Jung Rodhak Cement, Bangur Cement, Roofon and Rockstrong Cement.

The Kolkata headquartered firm recorded a 23.6% decrease in consolidated net profit to Rs 482.70 crore in Q3 FY22 from Rs 631.58 crore posted in Q3 FY21. Net sales increased 2.2% to Rs 3,637.11 crore in Q3 FY22 over Q3 FY21.

Shree Cement shares were trading at 0.7% lower to Rs 23,100 on Bombay Stock Exchange (BSE).

Image Source

Also read: Shree Cement net profit declines 23.6% to Rs 482 cr in Q3 FY22

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

On Monday, the cement major Shree Cement told the media that it began commercial production at the firm's clinkerisation unit (kiln-3) at Baloda Bazar, near Raipur in Chhattisgarh. The plant has a production capacity of 12,000 tons per day (4.0 million tons per annum). Earlier on 16 March, the firm declared that it started a trial run of its new clinkerisation plant. The clinkerisation unit shall boost the firm's clinker supply to its various grinding units in the Eastern region. Shree Cement is one of India's leading three cement producers. Its portfolio of products comprises Shree Jung Rodhak Cement, Bangur Cement, Roofon and Rockstrong Cement. The Kolkata headquartered firm recorded a 23.6% decrease in consolidated net profit to Rs 482.70 crore in Q3 FY22 from Rs 631.58 crore posted in Q3 FY21. Net sales increased 2.2% to Rs 3,637.11 crore in Q3 FY22 over Q3 FY21. Shree Cement shares were trading at 0.7% lower to Rs 23,100 on Bombay Stock Exchange (BSE). Image Source Also read: Shree Cement net profit declines 23.6% to Rs 482 cr in Q3 FY22

Next Story
Real Estate

Maharashtra to Revise Infrastructure Policies

The Government of Maharashtra will make every possible effort to frame infrastructure-related policies, including those that promote housing in the state, in line with changing requirements. This assurance was given by Mrs. Meghana Sakore Bordikar, Minister of State, Government of Maharashtra, while addressing the two-day NAREDCO 17th National Convention, “India Builds: Reimagining Growth through Real Estate and Infrastructure”. At the convention, Dr Niranjan Hiranandani, Chairman of NAREDCO, called for a new blueprint for infrastructure policies in the present context.The Minister assured..

Next Story
Real Estate

Agami Realty Enters Mumbai's Luxury Market

Agami Realty, a leading real estate developer with a legacy of over five decades, has marked its foray into Mumbai’s luxury residential market with two significant redevelopment projects in Bandra, valued at an estimated Rs 9.5 billion. The company, known for its boutique developments that blend sustainability, technology, and design excellence, has already received a strong response to its Bandra offering.Agami Eternity, the firm’s first completed premium redevelopment project in Mumbai, recently received its Occupancy Certificate. Located in Bandra East, the project was designed by inter..

Next Story
Real Estate

Hafele Launches Its Third Licht Experience Centre in India

Hafele, a global leader in interior solutions, has announced the launch of its third Licht Experience Centre in Ahmedabad. This new centre, located at 302, 31 Five, Opp. Palladium, Corporate Road, Makarba, follows the successful openings in Chandigarh and Indore, further strengthening Hafele's footprint in India. The name “Licht,” which means “light” in German, captures the essence of this experience, where technology meets aesthetics to redefine interior spaces.The Ahmedabad Licht Experience Centre was inaugurated by Mr Frank Schloeder, Managing Director of Hafele South Asia, and Mr P..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?