PRSMJOHNSN

Feb 6 (Reuters) - Prism Johnson Ltd PRIS.NS:

• PRISM JOHNSON LTD - RE-APPOINTS VIJAY AGGARWAL AS MANAGING DIRECTOR

• PRISM JOHNSON LTD - RE-APPOINTS SARAT KUMAR CHANDAK AS EXECUTIVE DIRECTOR & CEO

Source text: ID:nNSEbHqrqX

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Nov 13 (Reuters) - Prism Johnson Ltd PRIS.NS:

• PRISM JOHNSON SEPT-QUARTER CONSOL NET LOSS 897.9 MILLION RUPEES

• PRISM JOHNSON SEPT-QUARTER CONSOL NET SALES 16.39 BILLION RUPEES

Source text: ID:nBSEb5Hh6

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Oct 22 (Reuters) - Prism Johnson Ltd PRIS.NS:

• ACQUIRED SHARES WORTH 229.6 MILLION RUPEES OFFERED BY RAHEJA QBE GENERAL INSURANCE

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** Shares of India's Prism Johnson PRIS.NS rises 3% to 166 rupees

** Construction materials maker buys 50% stake in Sunbath Sanitary Pvt Ltd by investing 187.2 mln rupees ($2.2 mln)

** Post deal, sanitaryware maker Sunbath has become JV of PRIS

** Trading vols 2.4x 30-day avg

** Day's jump trims YTD losses to ~10%

($1 = 83.8900 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)

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Aug 22 (Reuters) - Prism Johnson Ltd PRIS.NS:

• PRISM JOHNSON LTD - ENTERED INTO SHAREHOLDERS AGREEMENT WITH SUNBATH SANITARY

• PRISM JOHNSON LTD - CO MADE INVESTMENT OF 187.2 MILLION RUPEES

• PRISM JOHNSON LTD - SUNBATH HAS BECOME JV OF CO

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BENGALURU, Aug 9 (Reuters) - India's Prism Johnson PRIS.NS posted a loss for the first quarter on Friday, as bleak demand and lacklustre prices in its key cement business weighed on the construction materials maker.

The company posted a consolidated net loss after tax of 77 million rupees (about $918,000) for the quarter ended June 30, versus a profit of 178.9 million rupees a year earlier.

Net sales dropped 8% to 17.47 billion rupees, pulled down by a 15% fall in its cement segment that makes up 44% of the topline.

During the April-June period, cement makers have grappled with cement prices hovering around their lowest levels in more than three years. Demand was also tepid due to the general elections and heatwaves, which led to a construction slowdown.

India's top cement producer UltraTech Cement ULTC.NS missed estimates for first-quarter earnings last month, but forecast a pick-up in prices and demand from October onwards.

"Upcoming capacity additions in Central India by other cement companies to intensify competition," Prism Johnson said on Friday, at a time when cement makers are ramping up supply capacity in the prospect of sustained demand.

The company has two cement mills - one each in Madhya Pradesh and Maharashtra.

Prism Johnson also makes ceramic tiles in its much-smaller HRJ segment, which witnessed a nearly 2% revenue drop year-on-year.

Shares of Prism Johnson dropped as much as 3.7% after the results were announced.

($1 = 83.8900 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru; Editing by Sherry Jacob-Phillips)

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May 16 (Reuters) - Indian construction materials maker Prism Johnson PRIS.NS on Thursday posted a loss in the fourth quarter hurt by lower prices in its cement segment.

Consolidated net loss after tax stood at 305 million rupees ($3.7 million) for the quarter ended March 31, compared with a profit of 42.5 million rupees in the year-ago period.

Net sales fell marginally to 20.46 billion rupees from 20.56 billion rupees a year ago. Revenue from Prism Johnson's largest segment, cement, declined 3.3%.

Cement makers usually resort to price cuts in the March-quarter to boost sales volumes, in order to clear year-end inventory backlogs.

While the cost of materials consumed fell 2.6%, this could not offset the impact of price cuts taken by the company, with the company stating that price realisation in the cement business declined 6.9% year-on year.

Shares of Prism Johnson fell 3.2% after posting results, extending its year-to-date losses to 19.8%

($1 = 83.4842 Indian rupees)

(Reporting by Anisha Ajith in Bengaluru; Editing by Sherry Jacob-Phillips)

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March 29 (Reuters) - Prism Johnson Ltd PRIS.NS:

• PRISM JOHNSON LTD - APPROVED RAISING OF FUNDS THROUGH ISSUE OF NON-CONVERTIBLE DEBENTURES ON A PRIVATE PLACEMENT BASIS

• PRISM JOHNSON LTD - APPROVED RAISING OF FUNDS UP TO 2 BILLION RUPEES

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March 26 (Reuters) - Prism Johnson Ltd PRIS.NS:

• TO CONSIDER RAISING OF FUNDS VIA NON-CONVERTIBLE DEBENTURES

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Feb 2 (Reuters) - Prism Johnson Ltd PRIS.NS:

• SETTING UP OF CAPTIVE WIND POWER PROJECT AGGREGATING 24 MW WILL BE DELAYED

• DELAY AS INFRASTRUCTURE FACILITIES REQUIRED FOR PROJECT YET TO BE PROVIDED BY CONCERNED GOVERNMENT AUTHORITY

• CO EXPECTS TO IMPLEMENT AND COMMISSION PROJECT BY MARCH 2025

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Feb 1 (Reuters) - Prism Johnson Ltd PRIS.NS:

• DEC-QUARTER CONSOL NET LOSS AFTER TAX 114.7 MILLION RUPEES VERSUS LOSS 633.5 MILLION RUPEES

• DEC-QUARTER CONSOL NET SALES 17.15 BILLION RUPEES VERSUS 17.39 BILLION RUPEES

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Jan 5 (Reuters) - Prism Johnson Ltd PRIS.NS:

• HAS ENTERED INTO AN AGREEMENT TODAY WITH KANODIA CEM PRIVATE LIMITED

• AGREEMENT FOR MANUFACTURE AND SALE OF CEMENT TO CO

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Dec 15 (Reuters) - Prism Johnson Ltd PRIS.NS:

• GOT ORDER LEVYING A PENALTY OF 118,613 RUPEES

• ORDER FROM OFFICE OF ASSISTANT COMMISSIONER, MUMBAI NORTH WEST

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Dec 8 (Reuters) - Prism Johnson Ltd PRIS.NS:

• GETS GST ORDER FOR SHORTFALL IN PAYMENT OF TAX DURING JULY 2017 TO MARCH 2018

• CO TO FILE AN APPEAL AGAINST THE ORDER

• PENALTY HAS NO MATERIAL IMPACT ON FINANCIALS, OPERATIONS OR ANY OTHER ACTIVITIES

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** Shares of Prism Johnson PRIS.NS rise 6.4% to record high of 175.40 rupees

** The cement maker's stock hits a record high for 7th time this month

** Trading vol is over 2 mln vs 1.4 mln daily avg in Nov

** Stock has surged ~43% since Oct 25, incl due to Q2 results earlier in Nov

** Stock last up 5% on the day, bumping YTD gains to about 66%

** Avg rating of 5 analysts covering PRIS is the equivalent of "buy", median PT is 136.50 rupees - LSEG data

(Reporting by Ashish Chandra in Bengaluru)

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** Shares of Prism Johnson PRIS.NS rise 4.9% to 147.45 rupees, highest since Jan. 24, 2022

** Building materials maker posted Q2 consolidated net profit of 1.38 bln rupees ($16.6 mln) compared to loss of 826.2 mln rupees last year

** Co had one-time gain of 3.90 bln rupees on transfer of Andhra Pradesh mining lease and some land parcels to Ramco Cements

** Nearly 3.8 mln shares change hands as of 1:52 p.m. IST, 4.2x the 30-day moving average

** Avg rating of five analysts is "buy"; median PT is 136.5 rupees - LSEG data

** Stock last up 4.2%, taking YTD gain to 40.4%

($1 = 83.2420 Indian rupees)

(Reporting by Varun Vyas in Bengaluru)

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Oct 30 (Reuters) - Prism Johnson Ltd PRIS.NS:

• CO'S GREENFIELD TILE PRODUCTION PLANT AT PANAGARH HAS STARTED COMMERCIAL PRODUCTION

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Sept 28 (Reuters) - Prism Johnson Ltd PRIS.NS:

• PRISM JOHNSON LTD - GREENFIELD TILE PRODUCTION PLANT AT WEST BENGAL COMMENCED TRIAL RUNS

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Aug 4 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• GOT ORDERS VALUED AT ABOUT 200 MILLION RUPEES FOR SUPPLYING COAL TO PRISM JOHNSON

• SUPPLIES FOR ORDER WILL START WITHIN NEXT 15 DAYS AND WILL BE COMPLETED BY 31 OCTOBER 2023

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BENGALURU, Aug 2 (Reuters) - Indian building materials maker Prism Johnson PRIS.NS swung to a profit in the first quarter on the back of strong demand for cement and declining input costs.

Consolidated profit after tax was 207.6 million rupees ($2.5 million) in the three months ended June 30, compared with a loss of 160.1 million rupees a year earlier.

Demand for cement has been rising following increased government spending on infrastructure projects, analysts say.

Prism's revenue from the cement segment, which accounts for more than half of its total revenue, rose over 18%.

Meanwhile, raw material costs declined over 6%, while its power and fuel expenses fell nearly 7%.

Some cement makers ACC ACC.NS and Ultratech Cement ULTC.NS reported an increase in profit for April-June, while others like Dalmia Bharat DALB.NS and Orient Cement ORCE.NS saw a profit decline on mounting input costs.

Prism Johnson's net sales rose nearly 7% to 19.04 billion rupees.

($1 = 82.5275 Indian rupees)

(Reporting by Varun Vyas in Bengaluru; Editing by Dhanya Ann Thoppil)

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July 31 (Reuters) - Prism Johnson Ltd PRIS.NS:

• ACQUIRED SHARES AMOUNTING TO ABOUT 204.1 MILLION RUPEES OFFERED BY UNIT RAHEJA QBE GENERAL INSURANCE COMPANY ON RIGHTS BASIS

• NO CHANGE IN SHAREHOLDING % OF CO IN RQBE PURSUANT TO SUCH ACQUISITION

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** Shares of Prism Johnson Ltd PRIS.NS jump as much as 5.2% to 139.50 rupees, highest since Sept. 20

** Building material manufacturer to sell land parcels aggregating to 1,420.72 acres and mining lease to Ramco Cements Ltd TRCE.NS

** Land parcels located in Andhra Pradesh, where PRIS once planned to set up greenfield cement manufacturing plant

** "Current priorities do not warrant an investment in setting up cement plant" - co

** PRIS logs biggest intraday pct gain since June 6

** About 850,000 shares change hands by 10:06 a.m. IST, 1.4x the 30-day avg - Refinitiv Data

** Stock up ~27% YTD as of last close

(Reporting by Priya Sagar in Bengaluru)

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May 10 (Reuters) - Prism Johnson Ltd PRIS.NS:

• MARCH-QUARTER CONSOL NET PROFIT AFTER TAX 42.5 MILLION RUPEES VERSUS PROFIT 198.5 MILLION RUPEES

• MARCH-QUARTER CONSOL TOTAL INCOME 21.21 BILLION RUPEES VERSUS 18.67 BILLION RUPEES

Source text for Eikon: ID:nBSEbnJ9W8

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