India Cements posts Rs 151 crore profit

India Cements Ltd has reported a marginal improvement in its operating performance for the quarter ended 30 September 2019 despite the drop in cement volume, through improved realisation and reduction in cost as compared to the same quarter of the previous year. Continue Reading

CSK owner N Srinivasan on how he weathered corporate turbulence

”There was an onslaught on me and on Chennai Super Kings (CSK). But we resisted, a natural instinct took over,” said vice-chairman and managing director, India Cements, N Srinivasan while addressing students of IIT-Madras at the 37th Endowment Lecture on ‘Leadership in turbulent times’ organised by IIT- Madras and Employers’ Federation of Southern India (EFSI) here Thursday. Continue Reading

Rupa Gurunath elected TNCA president

Rupa Gurunath, daughter of former BCCI chief N Srinivasan, was today elected unopposed as president of the Tamilnadu Cricket Association (TNCA), making her the first woman to head a State unit of the Indian Board. Continue Reading

India Cements EBITDA grows over 50% in Q1 FY20

The capacity utilisation of the company during the quarter was 7 per cent, while overall cement sales (including clinker) was at 30.42 Lakh tonnes for the quarter as compared to 30.75 lakh tonnes in the same quarter of the previous year. Continue Reading

India Cements Q4 net profit at Rs 43.85 crore

According to the firm, overall cement sales including clinker was at 33.30 lakh tonnes for the quarter as against 30.93 lakh tonnes in the year ago period, registering a growth of eight per cent for the quarter under review. Continue Reading

India Cements to set up MP unit with Rs 1,000 cr investment

The city based company, which has manufacturing facilities across the country, recorded capacity utilisation increase at 77 per cent for the quarter ending 30 September, company vice-chairman and managing director, N Srinivasan said. Continue Reading