Stay updated with breaking news from Cement Maker. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Following the planned retrofit, which will cost at least 100 million euros ($122 million), the plant will be able to capture up to 1.8 million tonnes of carbon dioxide per year, which corresponds to the site's total emissions.
Revenue from operations increased 6.9% year-on-year (YoY) to Rs 1,472.45 crore during the quarter. The company reported a pre-tax profit of Rs 71.88 crore in Q4 FY21 compared with pre-tax loss of Rs 68.75 crore in Q4 FY20. The company incurred a current tax expense of Rs 10 crore in the fourth quarter. The cement makers' net profit surged to Rs 206.77 crore in the year ended 31 March 2021, steeply higher than net profit of Rs 50.16 crore in the year ended 31 March 2020. Revenue from operations declined 13% to Rs 4,510.55 crore in FY21 over FY20. The company's board has approved a dividend of...
The cement maker reported 49% jump in consolidated net profit to Rs 798.43 crore on 23.1% rise in net sales to Rs 4204.88 crore in Q4 FY21 over Q4 FY20. Interest outgo declined 21.1% to Rs 58.28 crore while depreciation costs were lower by 28.9% to Rs 330.21 crore in the fourth quarter compared with the same period last year. Profit before tax in Q4 FY21 stood at Rs 979.78 crore, up 59% from Rs 616.36 crore in Q4 FY20. The cement makers consolidated net profit increased 48.8% to Rs 2285.87 crore on 4.7% rise in net sales to Rs 13476.33 crore in the year ended 31 March 2021 over the year ended...
Shiva Cement fell 3.03% to Rs 20.80 after the company reported a net loss of Rs 5.72 crore in Q4 FY21 compared with net loss of Rs 6.32 crore in the same period last year. Net sales during the quarter fell 6.4% year-on-year (YoY) to Rs 7.92 crore. Interest outgo, however, declined 22.3% to Rs 2.93 crore in Q4 FY21 over Q4 FY20. Consequently, the company reported a pre-tax loss of Rs 7.52 crore in Q4 March 2021 as against pre-tax loss of Rs 8.41 crore in Q4 March 2020. The cement maker reported a net loss of Rs 21.97 crore in the year ended 31 March 2021 as against net loss of Rs 22.82 crore ...
Read more about Ambuja Cements gains after Q4 PAT rises 41% YoY on Business Standard. Ambuja Cements rose 0.60% to Rs 284.55 after the company reported 41% rise in standalone net profit to Rs 497 crore in Q4 FY20 from Rs 352 crore in Q4 FY19.