Orient Cement has allotted 2,41,137 equity shares under ESOS on 27 November 2024. Consequent to the aforesaid allotment, the paid-up share capital of the Company has increased from Rs.20,48,68,760 divided into 20,48,68,760 equity shares of Re.1/- each to Rs. 20,51,09,897 divided into 20,51,09,897 equity shares having face value of Rs. 1/- each.Powered by Capital Market - Live News

Net profit of Orient Cement declined 90.58% to Rs 2.32 crore in the quarter ended September 2024 as against Rs 24.63 crore during the previous quarter ended September 2023. Sales declined 24.50% to Rs 544.03 crore in the quarter ended September 2024 as against Rs 720.58 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales544.03720.58 -25 OPM %8.1212.01 - PBDT42.2179.56 -47 PBT3.1242.43 -93 NP2.3224.63 -91 Powered by Capital Market - Live News

Orient Cement will hold a meeting of the Board of Directors of the Company on 8 November 2024.Powered by Capital Market - Live News

Orient Cement announced that Madhya Pradesh Power Generating Company (MPPGCL) has issued a work order in favour of the Company to install Clinker Grinding Unit at their Satpura Thermal Power Plant locationalong with a Fly Ash supply contract for a period of 25 years. The Company has submitted its acceptance to the Work Order as issued by MPPGCL. Other relevant documents including the Land Use Permission Agreement (LUPA) shall be signed and executed shortly.Powered by Capital Market - Live News

Net profit of Orient Cement declined 0.86% to Rs 36.71 crore in the quarter ended June 2024 as against Rs 37.03 crore during the previous quarter ended June 2023. Sales declined 15.62% to Rs 696.27 crore in the quarter ended June 2024 as against Rs 825.18 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales696.27825.18 -16 OPM %13.7912.02 - PBDT96.4893.95 3 PBT57.9257.21 1 NP36.7137.03 -1 Powered by Capital Market - Live News