Mangalam Cement Financial Updates
Net profit of Mangalam Cement declined 96.24% to INR 0.53 crore for Q3 2022 as against INR 14.09 crore during the previous Q3 2021. Sales rose 12.84% to INR 429.20 crore for Q3 2022 as against INR 380.37 crore during the previous Q3 December 2021.
Mangalam Cement is one of the largest and well-known cement companies in India. The company has a rich history, a comprehensive product range and is known for its commitment to sustainability and the environment.
Mangalam Cement Limited, a part of the B.K. Birla Group was incorporated on 27th October 1976. The company was promoted by Kesoram Industries & Cotton Mills Ltd., The Century Spinning & Mfg. Co. Ltd., The Gwalior Rayon Silk Mfg. (Wvg.) Co. Ltd., and Pilani Investment Corporation Ltd. Rajasthan State Industrial & Mineral Development Corporation Ltd. (RIMC) also participated in the promoters capital.
Sinse it's inception in 1978, Mangalam Cement has established itself as a major player in the Indian cement industry. The company's production capacity has steadily increased over the years, with its current production capacity of 4.0 MPTA. Mangalam Cement has two manufacturing units, located in Morak, Rajasthan.
Mangalam Cement offers a wide range of high-quality cement products to meet the needs of different construction and infrastructure projects. The company's product range includes Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), and Portland Slag Cement (PSC). These products are available in different grades, such as 43, 53 and 33, to cater to the different requirements of customers.
In addition to its comprehensive product range, Mangalam Cement is known for its commitment to sustainability and the environment. The company has implemented several initiatives to reduce its carbon footprint and conserve energy. For example, it has installed state-of-the-art waste heat recovery systems at its plants, which help to generate electricity and reduce energy costs. The company also has a robust waste management system in place, which helps to minimize the generation of waste and reduce its impact on the environment.
Another important aspect of Mangalam Cement's commitment to sustainability is its focus on water conservation. The company has implemented several measures to conserve water, such as rainwater harvesting, recycling of wastewater and the use of efficient irrigation systems. This not only helps to conserve a precious natural resource, but also helps to reduce the company's water footprint and reduce its impact on the environment.
Brands:
Birla Uttam Cement
Mangalam ProMaxX
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