Birla Corporation to expand cement production capacity
Cement

Birla Corporation to expand cement production capacity

Birla Corporation expects to grow its cement production capacity by 50 per cent to 30 mn tonne per year by 2030. The company, which has invested Rs.27.44 bn in a greenfield factory in Mukutban, Maharashtra, wants to build new operations and boost the production capacity of the existing uni...

Birla Corporation expects to grow its cement production capacity by 50 per cent to 30 mn tonne per year by 2030. The company, which has invested Rs.27.44 bn in a greenfield factory in Mukutban, Maharashtra, wants to build new operations and boost the production capacity of the existing units. Additionally, the company plans to increase its annual cement production capacity to 30 mn tonne by 2030. The company’s present manufacturing capacity is 20 mn tonne.

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Infrastructure Urban

Birla Corporation reports Q2 profit surge for Rs 583.7 million

Birla Corporation, a company under the MP Birla Group, announced a consolidated net profit of Rs 583.7 million for the second quarter ending September 2023. This marked a significant improvement from the net loss of Rs 564.6 million reported in the same period last year, as stated in a regulatory filing by Birla Corporation.

During the quarter, Birla Corporation's revenue from operations rose by 14.3% to Rs 22.8583 billion, compared to Rs 19.9983 billion in the corresponding period the previous year.

In the cement business segment, Birla Corporation's revenue reached Rs 21.78..

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Infrastructure Urban

Birla Corporation reports Q2 profit surge for Rs 583.7 million

Birla Corporation, a company under the MP Birla Group, announced a consolidated net profit of Rs 583.7 million for the second quarter ending September 2023. This marked a significant improvement from the net loss of Rs 564.6 million reported in the same period last year, as stated in a regulatory filing by Birla Corporation.

During the quarter, Birla Corporation's revenue from operations rose by 14.3% to Rs 22.8583 billion, compared to Rs 19.9983 billion in the corresponding period the previous year.

In the cement business segment, Birla Corporation's revenue reached Rs 21.78..

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Building Material

World Cement Association Founder Director to be star speaker at Indian Cement Review Conference 2023 at 14th Cement EXPO, Delhi

  • The 3-in-1 event – comprising Indian Cement Review (ICR) Conference, Awards and Cement EXPO 2023 scheduled on 14-15th December 2023 at Manekshaw Centre in Delhi - is expected to attract cement industry captains, plant heads, over 100 exhibitors and more than 5,000 quality visitors.
  • Participants of the event can gain immensely from the wisdom and global vision of Ali Emir Adiguzel, who was former Global CEO of Heidelberg Cement Group and has a remarkable global experience of over 30 years in international business and visionary leadership.

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Building Material

Shree Cement incurs Rs 6.62 billion profit for Q4; beats expectations

Shree Cement, India's third-largest cement manufacturer by market capitalisation announced a fourth-quarter profit that exceeded, attributing it to increased volumes driven by lower cement prices. Typically, cement companies witness a surge in volumes in the March quarter as they reduce prices to clear year-end inventory backlogs.

Analysts had anticipated that reduced fuel costs would partially offset the decline in prices. Shree Cement's profit for the quarter ending March 31 reached Rs 6.62 billion, surpassing street forecasts of Rs 6.20 billion, as per LSEG data. This marked a si..

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Building Material

Jaishankar Highlights Mumbai-Ahmedabad Bullet Train Benefits

india's vision of a modern and interconnected transportation network. Foreign Minister S Jaishankar has emphasised the significant benefits of the Mumbai-Ahmedabad bullet train project, citing its potential to revolutionise transportation and boost economic growth. Speaking on the project, Jaishankar highlighted its role in enhancing connectivity, fostering economic development, and strengthening bilateral ties with Japan.

The Mumbai-Ahmedabad bullet train project, a flagship infrastructure initiative between India and Japan, aims to reduce travel time between the two cities from hour..

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