Tuesday, February 14, 2023

Orient Cement Q3 2022 Financial Results

Orient Cement Q3 2022 Financial Results

Orient Cement recorded sales of US$89.2m in the third quarter of its 2023 financial year, up by 18% YoY from US$75.3m in the third quarter of its 2022 financial year. The cement producer's profit was US$3.36m, down by 37% YoY from US$5.32m.

Orient Cement Limited is a leading cement manufacturer in India, operating since 1979. The company is a part of the CK Birla Group, a well-known conglomerate with diverse business interests across various industries. Orient Cement Limited has a strong presence in the southern and western regions of India, and its cement plants are located in Telangana, Andhra Pradesh, Maharashtra, and Karnataka With a total capacity of 8 MTPA.

The company produces a wide range of cement products, including Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), and Portland Slag Cement (PSC). Orient Cement's products are known for their high quality and consistent performance, and are used in a variety of applications, such as construction of buildings, bridges, dams, and highways.

Orient Cement Limited has a strong focus on sustainability and has implemented various measures to reduce its carbon footprint. The company has invested in renewable energy sources such as wind and solar power to reduce its reliance on fossil fuels. Additionally, Orient Cement has also implemented various energy-efficient technologies in its manufacturing processes, resulting in significant reductions in energy consumption and greenhouse gas emissions.

The company has received several awards and recognitions for its efforts in sustainability and environmental conservation. In 2020, Orient Cement Limited was ranked among the top five cement companies in India for sustainability by the Dow Jones Sustainability Indices (DJSI). The company has also been recognized by various organizations for its efforts in biodiversity conservation, water management, and waste management.

Cement Brands:
Birla.A1 OrientGreen
Birla.A1 StrongCrete
Birla.A1 Premium Cement PPC
Birla.A1 Premium Cement OPC 53 Grade
Birla.A1 Premium Cement OPC 43 Grade

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