OCL Iron & Steel Ltd. News and Updates

Keep track of all breaking news on OCL Iron & Steel Ltd. from all sources in a single place.

13 Apr 2025

Orient Cement Q4 results: Profit drops 38.3% to 42 cr, revenue slips 7%

Business Standard

CK Birla group firm Orient Cement Ltd on Sunday reported a 38.3 per cent decline in net profit to Rs 42.07 crore for the March quarter. The company reported a net profit of Rs 68.19 crore in the year-ago period, according to a regulator filing from Orient Cement Ltd (OCL). Its revenue from operations was down 7.07 per cent to Rs 825.18 crore in the March quarter. It was Rs 888.02 crore in the corresponding period a year ago. OCL's total expenses were down 2.61 per cent to Rs 764.96 crore in the March quarter. Its total income, which includes other income, was down 7 per cent in the March quarter at Rs 832.84 crore. For the entire 2024-25 fiscal year, OCL reported a decline of 47.8 per cent in profit to Rs 91.24 crore from Rs 174.85 crore a year earlier. Its total income was down 14.7 per cent to Rs 2,728.69 crore for the financial year, which ended on March 31, 2025. It was Rs 3,200.60 crore in FY24. Meanwhile, in a separate filing, OCL said that its board in a meeting on Sunday

OCL Iron & Steel Ltd.

19 Feb 2023

RHI Magnesita investing Rs 3,600-cr in India to expand capacity: CEO Borgas

Business Standard

Vienna-based RHI Magnesita is investing Rs 3,600 crore in the Indian market over the next two-three years to increase its production capacity and modernise plants, its global CEO Stefan Borgas said. The company has utilised a portion of the Rs 3,600-crore capital expenditure to acquire two refractory assets in India, Borgas told PTI here. "We have earmarked a Rs 3,600 crore investment in India. This would go towards organic and inorganic capacity expansion and modernisation of the Indian manufacturing facilities," the CEO said, adding that the capital infusion will be through its subsidiary RHI Magnesita India Ltd. RHI Magnesita India is a manufacturer and supplier of refractory products, systems, and solutions for industries such as steel, cement, non-ferrous metals, and glass. The company recently completed the acquisition of Dalmia OCL and the refractory business of Hi-Tech Chemicals for Rs 1,708 crore and Rs 621 crore, respectively. The refractory building capacity of the comp

OCL Iron & Steel Ltd.

06 Feb 2019

Dalmia-OCL acquires Germany-based GSB Group for 122 cr

Business Line

Bets on growing steel demand to stimulate the consumption of refractories

OCL Iron & Steel Ltd.

23 Aug 2018

Odisha govt performs groundbreaking ceremony for projects worth Rs 29.01 bn

Business Standard

Topping the list of investors is the cement manufacturer, OCL India Ltd, which has committed an investment of Rs 19.94 billion, promising employment for 365 people

OCL Iron & Steel Ltd.

25 Dec 2016

OCL India: Scaling up

Business Line

Post-restructuring, the merged entity will be among the country's top five cement players

OCL Iron & Steel Ltd.

17 Aug 2016

OCL India gains as Q1 profit nearly doubles

Business Standard

The stock rallied 6% to Rs 795 after the company reported profit of Rs 105 in Q1FY17 against Rs 54 crore in year ago quarter.

OCL Iron & Steel Ltd.

22 Jul 2016

OCL likely to gain on merger prospects: Irani

Economic Times

OCL is at least 65 per cent cheaper than Dalmia Bharat and I see both these companies merging together, says Irani of Nirmal Bang Securities.

OCL Iron & Steel Ltd.

28 Jun 2016

OCL India to merge Dalmia Cement East with itself

Economic Times

Launching a premium cement brand Amandeep said that OCL's market share in West Bengal is 15-16 per cent, making it the second-biggest player in the state.

OCL India to merge Dalmia Cement East with itself

Economic Times | 28 Jun 2016

OCL Iron & Steel Ltd.

18 May 2016

OCL India hits 52-week high as net profit spikes 270% in Q4

Economic Times

In reaction to the earnings, the scrip gained 14.68% to hit a fresh 52-week high of Rs 603 on BSE. The stock has risen 28% so far this year.

OCL India shares surge 16% on reporting 270% rise in Q4 net profit

The Financial Express | 18 May 2016 1 more

OCL Iron & Steel Ltd.

21 Apr 2016

OCL launches mobile app for its dealers

Business Line

OCL India Ltd, the makers of Konark Cement, has launched an Android app in Bhubaneswar to help its dealers place orders for cement on their mobile phones. Dealers can also track their deliver...

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