The India Cements Ltd (ICL) has posted its highest-ever loss of ₹137.58 crore for the second quarter ended September against a profit of ₹22 crore in the year-earlier period following rising input costs “Coal prices shot up from $60 to $300 per ton last quarter affecting cost of production directly, while the variable cost rose […]
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Springway owns limestone-bearing land at Panna District and was in the process of setting up of a 3-million tonne integrated cement plant at Gaisabad Tehsil, Damoh district in Madhya Pradesh Springway owns limestone-bearing land at Panna District and was in the process of setting up of a 3-million tonne integrated cement plant at Gaisabad Tehsil, […]
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Gaurav Ghei has been a pioneer of sorts for Indian golf. He became the first Indian to win on the Asian Tour — the Gadgil Western Masters in 1995. In 1997, he was also the first Indian to qualify for the Majors — the British Open in Scotland. Ghei’s connection with Chennai, a city he […]
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The India Cements Ltd. reported standalone net profit for the first quarter more than doubled to ₹76 crore over the year-earlier period. Revenue from operations rose by 41% to ₹1,446 crore and total expenditure by 57% to ₹1,526 crore. Total comprehensive income more than doubled to ₹80 crore, the company said in a filing. “The […]
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The India Cements Ltd. has reported a net loss of ₹24 crore for the fourth quarter ended March against a standalone net profit of ₹72 crore in the year-earlier period on account of an almost fivefold increase in the prices of imported coal and loss of volume. “Fourth quarter was a fighting quarter,” N. Srinivasan, vice […]
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