Heidelbergcement India

HeidelbergCement India Q2 results: Net profit down 68.7% to Rs 11.2 crore

HeidelbergCement India Ltd on Monday reported a 68.68 per cent decline in net profit to Rs 11.21 crore for the second quarter ended September 2024. The company had reported a net profit of Rs 35.8 crore in the July-September quarter period a year ago, HeidelbergCement India said in a regulatory filing. Its revenue from operations was down 18.54 per cent to Rs 461.41 crore during the second quarter of the ongoing fiscal year from Rs 566.46 crore a year ago. HeidelbergCement "revenue decreased by 18.5 per cent y/y driven by 15 per cent decrease in volume and decrease in price 4 per cent", the company said in its earning statement. Moreover, "driven by decrease in volume and prices, the company's EBITDA per tonne decreased to Rs 380, a decrease of 36 per cent y/y," it added. HeidelbergCement India's total expenses in the September quarter were at Rs 458.95 crore, down 13.8 per cent. Total income of HeidelbergCement, including other income, was also down 18.34 per cent in the Septemb

Cement shares in focus as Ambuja to buy Orient; trading strategy here

Barring HeidelbergCement most of the cement stocks look technically weak on the charts; Ambuja Cements is on the verge of seeing a 'Death Cross' formation on the daily chart.

Major cement firms compete to acquire HeidelbergCement India's stake

The German building materials company Heidelberg Materials AG holds a 69.39 per cent stake in its Indian subsidiary, which, at current market rates, is valued at approximately Rs 3,437 crore

HeidelbergCement zooms 18% on report Ambuja eyeing to buy co's India ops

Ambuja Cements is in talks to acquire Indian operation of Heidelberg at an estimated cost of Rs 10,000 crore for 14 mtpa, reports said

HeidelbergCement India Q3 results: Net profit rises to Rs 31.47 crore

HeidelbergCement India Ltd on Wednesday reported an increase in net profit to Rs 31.47 crore for the December quarter, aided by reduction in operating costs. The company had reported a net profit of Rs 5.58 crore in the year-ago period, HeidelbergCement India said in a regulatory filing. Its total revenue from operations was up 12.4 per cent to Rs 607.13 crore in the third quarter of the ongoing fiscal. It was Rs 540.12 crore in the corresponding quarter of the previous fiscal. "Revenue increased 12 per cent compared to the corresponding quarter of the previous year, driven by 10 per cent volume growth and 2 per cent price increase," the company said in an earning statement. Its operating costs on a per-tonne basis, including freight "decreased 2.4 per cent year-on-year primarily due to decrease in coal and petcoke costs". HeidelbergCement India's total expenses in the December quarter were Rs 577.58 crore, up 6.43 per cent. In the December quarter, HeidelbergCement's sales volum

HeidelbergCement India Q2 result: Net profit jumps five-fold to Rs 35.8 cr

HeidelbergCement India Ltd on Monday reported over a five-fold increase in its net profit at Rs 35.8 crore for the second quarter ended September 30, 2023. The company had reported a net profit of Rs 7.01 crore in the July-September quarter period a year ago, according to a regulatory filing from HeidelbergCement India. Its total revenue from operation was up 11.93 per cent to Rs 566.46 crore during the quarter under review. It was Rs 506.05 crore in the corresponding quarter of the previous fiscal. "Revenue increased by 12 per cent driven by a 16 per cent increase in volume and was partially offset by a decrease in price of 4 per cent," HeidelbergCement India said. In the September quarter, HeidelbergCemen's sales volume was up 16.3 per cent to 1,163 KT as against 999 KT in the corresponding quarter. "On a per tonne basis, operating cost including freight decreased by 7 per cent mainly due to a decrease in fuel prices. EBITDA per tonne increase to 598, an increase of 26 per cent,

HeidelbergCement Q1 profit rises 1.4% to Rs 52.32 cr amid easing fuel price

HeidelbergCement India on Tuesday reported a marginal rise of 1.37 per cent in net profit at Rs 52.32 crore for the first quarter ended June 30, amid easing fuel price and packaging cost. The company had reported a net profit of Rs 51.61 crore in the April-June quarter a year ago, HeidelbergCement India said in a regulatory filing. Its total revenue from operation rose marginally to Rs 595.64 crore during the quarter under review. It was Rs 589.89 crore in the corresponding quarter of the previous fiscal. "On a per tonne basis, total operating cost including freight, decreased by 6 per cent y-o-y primarily due to a decrease in fuel prices and packaging cost," HeidelbergCement said in its earnings statement. HeidelbergCement India's total expenses were at Rs 538.90 crore, up 1.51 per cent in the first quarter of the financial year 2023-24. However, in the June quarter, HeidelbergCement's sales volume was up 8.2 per cent to 1,203 KT, as against 1,112 KT in the corresponding quarter.

Stocks to watch: Adani Transmission, ONGC, IRCTC, IPCA Labs, Torrent Power

Stocks to watch on May 30, 2023: From ONGC to Adani Transmission, here are top stocks to watch in Tuesday's trading session

HeidelbergCement India net profit falls 62.6% to Rs 35 cr in March quarter

HeidelbergCement India Ltd on Monday reported a 62.64 per cent decline in its net profit to Rs 34.97 crore for the fourth quarter ended March 2023, on account of an increase in input costs and lower sales volume. The company had reported a net profit of Rs 93.61 crore in the January-March quarter of the preceding, HeidelbergCement India, a subsidiary of Germany-based HeidelbergCement AG, said in a BSE filing. Its total revenue from operation slipped 2.9 per cent to Rs 602.04 crore during the quarter under review against Rs 620.03 crore in the corresponding quarter previous fiscal. "Revenue decreased by 3 per cent Y-O-Y, driven by lower volume," the company said in its earning statement. Besides, total operating costs, including freight, increased by 11 per cent, mainly "due to higher input, transportation and other costs". HeidelbergCement India's total expenses increased 6.03 per cent to Rs 566.85 crore in Q4 FY23 against Rs 534.60 crore a year ago. Its total income in the March

Cement stocks snap six-day losing streak; India Cements soars 10%

The higher demand will mitigate the impact of lower profitability on absolute operating profits and cash accruals of cement makers, cushioning their credit profiles, Crisil Research said

Stocks to Watch Today: IndusInd Bank, Delhivery, Websol, BoM, Alok Inds

Stocks to Watch Today: Ambuja Cements, AU SFB, Alok Textiles, Hindustan Unilever, HDFC Life, ICICI Lombard, L&T Finance and Rallis India to announce Q1 results on Tuesday.

HeidelbergCement India Q4 net profit sharply falls 33.13% to Rs 93.61 cr

HeidelbergCement India Ltd on Friday reported a 33.13 per cent decline in its net profit to Rs 93.61 crore for the fourth quarter ended March 2022, mainly due to higher operating costs. The company had reported a net profit of Rs 139.99 crore in the year-ago period, HeidelbergCement India said in a BSE filing. However, its total revenue from operation increased 3.34 per cent to Rs 620.03 crore during the quarter under review against Rs 599.95 crore in the corresponding quarter of the previous fiscal. HeidelbergCement India's total expenses rose 10.35 per cent to Rs 534.60 crore in Q4 FY 2021-22 against Rs 484.42 crore a year ago. "On a per tonne basis, total operating cost, including freight, increased by 13.6 per cent y-o-y mainly due to higher coal, pet coke, diesel and packaging cost. The increase in operating cost was partially offset by an increase in other operating income mainly pertaining to SGST incentive from Government of Madhya Pradesh," said a post earning statement fr

HeidelbergCement India Q1 net profit up 40.3% to Rs 68.65 cr

HeidelbergCement India Ltd on Thursday reported a 40.27 per cent increase in its net profit at Rs 68.65 crore for the first quarter ended in June 2021. The company had reported a net profit of Rs 48.94 crore in the April-June quarter of the last fiscal, HeidelbergCement India said in a BSE filing. Its total revenue from operation was up 36.36 per cent to Rs 555.94 crore during the quarter under review as against Rs 407.70 crore in the corresponding quarter of the previous fiscal. HeidelbergCement India's total expenses were at Rs 462.60 crore, up 34.87 per cent in Q1/FY 2021-22, as against Rs 342.99 crore. According to the company, its sales volume was up 38.1 per cent to 1,1884 KT during the quarter as against 857 KT of the corresponding quarter. "During Jun'21Q, volume increased by 38 per cent y-o-y mainly driven by base effect of national lockdown in the corresponding period of Jun'20Q," the company said. Shares of HeidelbergCement India settled at Rs 266 on BSE, up 0.24 per

HeidelbergCement saw good start to 2021, 2020 core profits up by 6%

"There should be a tailwind from infrastructure programmes, for example in the USA, Australia, India and Italy," Chief Executive Dominik von Achten said

HeidelbergCement to keep lid on costs after solid start in third quarter

HeidelbergCement, the world's No 2 cement maker, said it would continue to tighten its purse strings in the wake of the coronavirus crisis after a good start to the July-September quarter.

UltraTech, Ramco Cements: Analysts see significant upside in cement stocks

Amid the gloomy GDP print; however, what is noteworthy is that the government spending rose sharply to 15.6 per cent during the quarter, as against 8.8 per cent in 1QFY20.

HeidelbergCement India surges 12% on strong Q3 results

The stock surged 12% to Rs 168 on BSE in intra-day after the company reported net profit of Rs 318 million in Q3FY18 against net loss of Rs 36 million in year ago quarter

HeidelbergCement India Q2 net profit doubles to Rs 33 crore

The firm had posted a net profit of Rs 16.5 crore during the same period previous fiscal