Displaying items by tag: Mangalam

India: Mangalam Cement has reported that Shri K K Mudgil, a non-executive independent director of the Company died on 20 February 2015 in New Delhi.

India: The B K Birla Group company Mangalam Cement has posted a US$386,116 loss for the third quarter of its 2015 fiscal year due to higher finance costs. This compared to a US$75,614 net profit in the October – December 2013 quarter. Mangalam Cement's board has also approved building a new grinding plant at Aligarh, Uttar Pradesh, with a capacity of 500,000t/yr.

Mangalam Cement's total income rose to US$34.3m in the third quarter of its 2015 fiscal year, up from US$26m during the same period of 2013. Expenses also rose to US$34.2m from US$28.1m in the prior-year quarter. Mangalam Cement consumed raw materials worth US$6.59m, up from US$4.5m during the comparable quarter of 2013. Finance costs went up to US$1.71m in the October – December 2014 period, from US$371,637 in the same period of 2013.

India: Mangalam Cement Ltd has announced that the company's new 1.25Mt/yr cement mill at Kota District, Rajasthan, which had been under a trial run, started commercial production on 28 May 2014. The cement plant's total capacity has increased from 2.0Mt/yr to 3.25Mt/yr.

India: Mangalam Cement has started a trial run of a new 1.25Mt/yr grinding plant. In addition the Indian cement producer announced to the Bombay Stock Exchange that the kiln at its plant in Morak in Rajasthan had commenced operation after a break for renovation since May 2013. The cement plant's clinker production capacity has now risen to 2.21Mt/yr from 1.71Mt/yr.

India: UltraTech Cement, one of India's largest cement producers, made 3.33Mt of cement in February 2013. Its cement dispatches stood at 3.31Mt for the same month.

Meanwhile, Shree Cement has reported that its production stood at 98,300t for the month, while its cement dispatches stood at 96,700t. Sales were down 16% year-on-year compared to February 2012.

Elsewhere, JK Lakshmi Cement has reported that its production (including clinker) for the month of February 2013 was 44,700t, while dispatches (including clinker) for the same period stood at 44,600t.

In the north, Mangalam Cement cement production of 153,793t during February 2013, while its cement dispatch stood at 163,034t.