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India Cements logs Q1 loss of Rs 75 crore, to modernise and monetise assets

India Cements logs Q1 loss of Rs 75 crore, to modernise and monetise assets
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India Cements logs Q1 loss of Rs 75 crore, to modernise and monetise assets

Closing the first quarter of FY24 with a net loss of Rs 75.27 crore, cement major India Cements Ltd looks at monetisation of non-core assets, cutting down variable production costs and refurbishing its old plants, a top company official .

Welcome To IANS Live - BUSINESS - India Cements to refurbish its plants in Telangana and AP at Rs 1,600 crore

Suffering a production cost disadvantage of about Rs 500 per ton as compared to the best in the market and in order to be at par with competition, India Cements has decided to refurbish its plants in Andhra Pradesh and Telangana acquired two decades back, Vice Chairman and Managing Director N.Srinivasan said.The

India Cements to refurbish its plants in Telangana and AP at Rs 1,600 crore

Cement major India Cements Ltd is looking at refurbishing its old plants located in Andhra Pradesh and Telungana at an outlay of Rs 1,500 crore to Rs 1,600 crore to be funded internally, said a top company official.Suffering a production cost .

Welcome To IANS Live - LatestNews - India Cements to refurbish its plants in Telangana and AP at Rs 1,600 crore

Suffering a production cost disadvantage of about Rs 500 per ton as compared to the best in the market and in order to be at par with competition, India Cements has decided to refurbish its plants in Andhra Pradesh and Telangana acquired two decades back, Vice Chairman and Managing Director N.Srinivasan said.The

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