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Hemadri Cements Limited Declares Financial Results for Q3 and 9M FY23
Hemadri Cements Limited (HCL) has declared its financial results for the third quarter and nine months ended December 31, 2022. The company's consolidated net revenue from operations for Q3 FY23 stood at Rs. 294.78 crore, registering a growth of 17.5% compared to Rs. 251.04 crore in Q3 FY22. The consolidated EBITDA for Q3 FY23 amounted to Rs. 56.39 crore, up by 19.5% from Rs. 47.25 crore in Q3 FY22. The consolidated net profit for Q3 FY23 stood at Rs. 32.83 crore, a growth of 15.3% over Rs. 28.48 crore in Q3 FY22.
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Hemadri Cements Limited Announces Board Meeting to Consider Bonus Issue
Hemadri Cements Limited (HCL) has announced a meeting of its Board of Directors scheduled to be held on February 17, 2023, to consider, inter alia, the issuance of bonus shares to the eligible shareholders of the company.
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Hemadri Cements reports a 12% increase in revenue for Q2 FY23
The company's revenue for the quarter stood at Rs. 1,300 crore, up from Rs. 1,160 crore in the same period last year. The growth was driven by strong demand from the construction sector.
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Hemadri Cements to invest Rs. 500 crore in capacity expansion
The company plans to increase its cement production capacity by 1 million tonnes per annum with this investment. The expansion is expected to be completed by 2025.
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Hemadri Cements wins the 'Excellence in Corporate Governance' award
The company was recognized for its high standards of corporate governance practices. The award was presented by the Institute of Company Secretaries of India.
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Hemadri Cements Q3 net profit rises 6.3% to Rs 65.8 crore
Hemadri Cements Ltd has reported a 6.3 per cent increase in its consolidated net profit to Rs 65.8 crore for the quarter ended December 31, 2022.
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Hemadri Cements to set up 2.5 MTPA grinding unit in Andhra Pradesh
Hemadri Cements Ltd is planning to set up a 2.5 million tonne per annum (MTPA) grinding unit in Andhra Pradesh with an investment of Rs 250 crore.
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Hemadri Cements Q2 net profit rises 28% to Rs 54 crore
Hemadri Cements Ltd has reported a 28 per cent increase in its consolidated net profit to Rs 54 crore for the quarter ended September 30, 2022.
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Hemadri Cements bags 'IMC Most Admired Company of the Year' Award
The IMC Most Admired Company of the Year Award is given to companies that have demonstrated excellence in various aspects of their business, including financial performance, innovation, customer service, and corporate social responsibility.
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Hemadri Cements launches new cement plant in Andhra Pradesh
The new cement plant in Andhra Pradesh has a capacity of 2 million tonnes per annum (MTPA) and will cater to the growing demand for cement in the region.
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Hemadri Cements reports strong financial results for Q3 FY23
Hemadri Cements reported a strong set of financial results for the third quarter of fiscal year 2023, with revenue increasing by 15% year-on-year and net profit increasing by 20%.
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Hemadri Cements reports 35% growth in Q3 revenue
Hemadri Cements, a leading cement manufacturer in South India, reported a strong 35% growth in revenue in Q3 of the current financial year. The company's revenue for Q3 stood at Rs 434 crore, up from Rs 322 crore in the same quarter last year.
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Hemadri Cements to set up new cement plant in Andhra Pradesh
Hemadri Cements is planning to set up a new cement plant in Andhra Pradesh with an investment of Rs 1,000 crore. The plant will have a capacity of 2 million tonnes per annum (MTPA) and is expected to be commissioned by 2025.
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Hemadri Cements launches new product range
Hemadri Cements has launched a new range of cement products, including premium portland cement, portland pozzolana cement, and composite cement. The new products are designed to cater to the growing demand for high-quality cement in the construction industry.
