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BusinessJul 19, 2025 07:51 PM

India Cements reports Q1 net loss at ₹132.90 cr | Company Business News

New Delhi, Jul 19 (PTI) India Cements Ltd (ICL), now part of the Aditya Birla Group, on Saturday reported a consolidated net loss of ₹132.90 crore for the first quarter ended June 2025. It had reported a net profit of ₹58.47 crore a year ago, according to a BSE filing by ICL, now a subsidiary of UltraTech Cement. Its revenue from operations was marginally down at ₹1,024.74 crore in the June quarter of FY26. This was ₹1,026.76 crore in the corresponding quarter of the last fiscal. The t ...Read More >

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BusinessJul 19, 2025 06:18 PM

The India Cements Ltd reports Q1 consolidated net loss at Rs 132.90 cr

Chennai, Jul 19 (PTI) The India Cements Ltd, a subsidiary of UltraTech Cement Ltd, an Aditya Birla Group company, reported a consolidated net loss of Rs 132.90 crore for the April-June 2025 quarter, the company said on Saturday. The city-based cement maker had posted a consolidated net profit of Rs 58.47 crore during the corresponding quarter of the previous financial year. For the year ended March 31, 2025, the consolidated net loss stood at Rs 143.68 crore, the company said in a regulatory f ...Read More >

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BusinessJul 19, 2025 06:08 PM

Latest News | The India Cements Ltd Reports Q1 Consolidated Net Loss at Rs 132.90 Cr | LatestLY

Chennai, Jul 19 (PTI) The India Cements Ltd, a subsidiary of UltraTech Cement Ltd, an Aditya Birla Group company, reported a consolidated net loss of Rs 132.90 crore for the April-June 2025 quarter, the company said on Saturday. The city-based cement maker had posted a consolidated net profit of Rs 58.47 crore during the corresponding quarter of the previous financial year. Also Read | Bodoland Lottery Result Today, July 19, 2025: Assam State Lottery Sambad Saturday Lucky Draw Results Declared ...Read More >

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7
BusinessJul 19, 2025 06:07 PM

Latest News | India Cements Reports Q1 Net Loss at Rs 132.90 Cr | LatestLY

New Delhi, Jul 19 (PTI) India Cements Ltd (ICL), now part of the Aditya Birla Group, on Saturday reported a consolidated net loss of Rs 132.90 crore for the first quarter ended June 2025. It had reported a net profit of Rs 58.47 crore a year ago, according to a BSE filing by ICL, now a subsidiary of UltraTech Cement. Also Read | Bodoland Lottery Result Today, July 19, 2025: Assam State Lottery Sambad Saturday Lucky Draw Results Declared, Check Winners List With Ticket Numbers. Its revenue fro ...Read More >

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8
BusinessJul 19, 2025 06:01 PM

India Cements reports Q1 net loss at ₹132.90 cr | Company Business News

New Delhi, Jul 19 (PTI) India Cements Ltd (ICL), now part of the Aditya Birla Group, on Saturday reported a consolidated net loss of ₹132.90 crore for the first quarter ended June 2025. It had reported a net profit of ₹58.47 crore a year ago, according to a BSE filing by ICL, now a subsidiary of UltraTech Cement. Its revenue from operations was marginally down at ₹1,024.74 crore in the June quarter of FY26. This was ₹1,026.76 crore in the corresponding quarter of the last fiscal. The total ex ...Read More >

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31
BusinessJul 19, 2025 06:00 PM

India Cements reports Q1 net loss at Rs 132.90 cr

New Delhi, Jul 19 (PTI) India Cements Ltd (ICL), now part of the Aditya Birla Group, on Saturday reported a consolidated net loss of Rs 132.90 crore for the first quarter ended June 2025. It had reported a net profit of Rs 58.47 crore a year ago, according to a BSE filing by ICL, now a subsidiary of UltraTech Cement. Its revenue from operations was marginally down at Rs 1,024.74 crore in the June quarter of FY26. This was Rs 1,026.76 crore in the corresponding quarter of the last fiscal. The ...Read More >

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23
BusinessJul 07, 2025 06:20 AM

CCI directs UltraTech, two others to give financial statements

New Delhi: The Competition Commission of India (CCI) has directed Aditya Birla Group company UltraTech, owner of southern India-based India Cements, along with Dalmia Cement (Bharat) Limited (DCBL) and Shree Digvijay Cement and their executives to submit audited financial statements, including balance sheet and profit and loss account, within eight weeks of the order. The competition watchdog's direction came over a complaint filed by ONGC alleging cartelisation in its tenders. Following the co ...Read More >

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BusinessJul 06, 2025 12:59 AM

Not under investigation by CCI, India Cements party to case: UltraTech on probe over ONGC complaint

Mumbai (Maharashtra), July 5 (ANI): UltraTech, the flagship cement company of Aditya Birla Group, has said that it is not under investigation in case related to anti-competitive practice before the Competition Commission of India and it has neither received any order from the CCI in this case nor have the company financials been sought by competition watchdog. In a stock filing, UltraTech termed as 'false and misleading' reports published in public domain concerning the company over the CCI pro ...Read More >

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BusinessJul 05, 2025 10:49 PM

Business News | Not Under Investigation by CCI, India Cements Party to Case: UltraTech on Probe over...

Mumbai (Maharashtra), July 5 (ANI): UltraTech, the flagship cement company of Aditya Birla Group, has said that it is not under investigation in case related to anti-competitive practice before the Competition Commission of India and it has neither received any order from the CCI in this case nor have the company financials been sought by competition watchdog. In a stock filing, UltraTech termed as "false and misleading" reports published in public domain concerning the company over the CCI pro ...Read More >

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BusinessJul 05, 2025 10:45 PM

Cement Cartelisation: 'Not Under Investigations, Matter Relates to India Cements', Says Aditya Birla...

New Delhi, July 5: The country's leading cement maker UltraTec, on Saturday said it is not under investigation by the fair trade regulator CCI over alleged contravention of competition norms in tenders floated by state-run oil major ONGC. "It is clarified that the Company is not under investigation in this Case No. 35 of 2020 before the Competition Commission of India ("CCI"). The company has neither received any order from the CCI in this case nor have the company's financials been sought by th ...Read More >

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BusinessJul 05, 2025 09:08 PM

UltraTech denies reports of CCI probe in cement cartelisation case

Mumbai, July 5 (SocialNews.XYZ) UltraTech Cement Ltd. on Saturday denied being investigated by the antitrust regulator Competition Commission of India (CCI) for alleged contravention of competition norms. In a stock exchange filing, the Aditya Birla Group company called such media reports "false and misleading" and clarified that it is not under investigation in a case from 2020. "The company has neither received any order from the CCI in this case nor have the company's financials been sought ...Read More >

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Bengal BJP making preparations for PM Modi's rally to counter Trinamool Congress

Kolkata, July 5 (SocialNews.XYZ) The West Bengal unit of BJP, under the leadership of its new State party President Samik Bhattacharya is making all efforts to ensure a political rally in the state, with Prime Minister Narendra Modi addressing it, before Trinamool Congress's annual Martyrs' day rally in Kolkata on July 21. An insider from the state committee of BJP said that the week before July 21, the Prime Minister is scheduled to go for an election campaign in Bihar where the Assembly polls ...Read More >

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BusinessJul 05, 2025 04:21 AM

CCI seeks financial records of Ultratech, others following probe into ONGC complaint over cartelisat...

New Delhi [India], July 4 (ANI): With its probe into a complaint by ONGC alleging cartelisation, finding evidence of Ultratech's subsidiary India Cements engaged in collusion with two other cement manufacturers in violation of the norms, the Competition Commission of India has given directions for submitting detailed financial and income tax records. The competition watchdog probed a complaint by ONGC alleging cartelisation in its tenders. Its probe found evidence of Ultratech and its subsidiar ...Read More >

Economic Times - Business - News Image
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BusinessJul 05, 2025 12:59 AM

CCI directs UltraTech, two others to give financial statements

New Delhi: The Competition Commission of India (CCI) has directed Aditya Birla Group company UltraTech, owner of southern India-based India Cements, along with Dalmia Cement (Bharat) Limited (DCBL) and Shree Digvijay Cement and their executives to submit audited financial statements, including balance sheet and profit and loss account, within eight weeks of the order. The competition watchdog's direction came over a complaint filed by ONGC alleging cartelisation in its tenders. Following the co ...Read More >

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20
BusinessJul 05, 2025 12:48 AM

CCI seeks financial records of Ultratech, others following probe into ONGC complaint over cartelisat...

New Delhi [India], July 4 (ANI): With its probe into a complaint by ONGC alleging cartelisation, finding evidence of Ultratech's subsidiary India Cements engaged in collusion with two other cement manufacturers in violation of the norms, the Competition Commission of India has given directions for submitting detailed financial and income tax records. The competition watchdog probed a complaint by ONGC alleging cartelisation in its tenders. Its probe found evidence of Ultratech and its subsidiar ...Read More >

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BusinessJul 04, 2025 09:02 PM

UltraTech Cement's Chief Legal Officer quits

Mumbai, July 4 (SocialNews.XYZ) Anoop Khatry, Chief Legal Officer of UltraTech Cement Limited, has resigned from his position citing personal reasons, the company informed in an exchange filing on Friday. The same has been accepted with effect from the close of business on July 3, 2025, according to the company. "We hereby inform you that Mr Anoop Khatry, Chief Legal Officer, has tendered his resignation from the services of the Company with effect from close of business hours on 3rd July, 202 ...Read More >

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22
BusinessJul 04, 2025 08:25 PM

CCI probe indicts UltraTech in ONGC tender cartelisation case

New Delhi, July 4 (SocialNews.XYZ) The Competition Commission of India (CCI) has directed Aditya Birla Group company UltraTech, which owns India Cements, and two other cement manufacturing companies as well as their executives to submit financial documents, after its Director General's investigations revealed that these companies contravened competition norms by colluding in the tenders floated by public sector oil giant ONGC. The CCI had ordered an investigation after it received a complaint f ...Read More >

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