Indian newsbytes

Shree Cement

Shree Cement has reportedly commissioned its 1.5 million tpy clinker manufacturing unit at Baloda Bazar near Raipur in Chhatisgarh. This follows the commissioning of the cement mill section on 24 February 2015.

Trinetra Cement

Trinetra Cement reported a net loss of Rs.9.75 crore in the March quarter against a net loss of Rs.10.01 crore in the March 2014 quarter.Sales dipped to Rs.126.44 crore from Rs.145.22 crore. For the full year, the net loss was Rs.24.18 crore against a net loss of Rs.43.61 crore in the previous fiscal. Sales were up 7.11% y/y.

Vaishno Cement Co.

Vaishno Cement Co. reported a Rs.0.14 crore loss for the quarter ending March 2015 and Rs.0.22 crore for the full year. In the March 2014 quarter, net loss of Rs.0.01 crore was reported and a full year net loss of Rs.0.02 crore. Sales declined 88.89% to Rs.0.01 crore for the full year.

Edited from various sources by Katherine Guenioui

Sources:

• The Hindu Business Line
• Live Mint
• Business Standard
• Business Standard

Read the article online at: https://www.worldcement.com/asia-pacific-rim/01062015/indian-newsbytes-935/