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

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
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train Set to Launch by 2028

India’s first bullet train is set to revolutionize high-speed travel along the western corridor, with the Mumbai-Ahmedabad high-speed rail project aiming for a 2028 launch. This announcement marks a major milestone in India’s infrastructure goals, as it promises to reduce travel time between the two economic hubs from eight hours to just three.Spanning a planned 508-kilometre stretch, the corridor stands as a flagship example of Indo-Japanese collaboration in technology and engineering. Once operational, the train is expected to transform intercity mobility and place India among the select..

Next Story
Infrastructure Transport

Mumbai-Gandhinagar Train Service Enhances Passenger Capacity

The Mumbai Central–Gandhinagar Capital Vande Bharat Express has increased its passenger capacity by adding four additional AC chair car coaches to meet the growing commuter demand on one of India’s busiest business corridors. This upgrade, effective from 11 May, raised the train’s seating capacity from 1,128 to 1,440 passengers, allowing it to serve 936 more passengers daily in both directions. The increase was described as a practical measure to accommodate the surging demand on the busy Mumbai–Ahmedabad–Gandhinagar route, which regularly operates at over 150 percent seat occupancy...

Next Story
Infrastructure Urban

Delhi Plans 12 Sewage Plants to Clean Najafgarh Drain Efficiently

Delhi’s ambitious plan to improve the water quality of the Yamuna River has gained significant momentum as the Delhi Jal Board (DJB) has begun work on 12 new sewage treatment plants (STPs) aimed at reducing the volume of untreated sewage being discharged from the Najafgarh Drain.This initiative forms part of the ongoing efforts to clean the Yamuna and restore the river’s health, which has long been a critical environmental issue for the national capital. Given the alarming pollution levels in the Yamuna, experts and officials consider this project a vital step toward addressing the persist..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?