UltraTech To Meet 200 MTPA Target In FY26 Itself: Kumar Mangalam Birla
In his speech at the 25th annual general meeting of the company, Birla noted that UltraTech is now poised to become the largest cement-selling company in the world
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UltraTech Cement Appoints V Chandrasekaran As Independent Director
- by BW Retail World Bureau
- July 21, 2025
The company states that Sunil Duggal’s term as an independent director concludes on 13th August 2025
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UltraTech Cement Q3 Profit Soars 71% To Rs 1,696.5 Cr
- by BW Retail World Bureau
- January 20, 2024
UltraTech Cement reported a substantial 71 per cent surge in standalone profit for the third quarter of the fiscal year 2023. The profit rose to Rs 1,696.5 crore, a significant increase from Rs 994.2 crore in the corresponding quarter of the previous year (Q3FY23). Following the announcement of Q3 earnings, the stock of the Mumbai-based […]
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UltraTech Cement Acquires 26% Stake In Amplus Ages
- by BW Retail World Bureau
- January 12, 2024
UltraTech Cement has disclosed its decision to acquire a 26 per cent stake in Amplus Ages by investing Rs 49 crore. Amplus Ages is actively involved in the generation and transmission of renewable energy. The Aditya Birla Group firm formalised the agreement through a share subscription and shareholders’ agreement, according to the regulatory filing. The […]
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UltraTech Cement To Acquire Kesoram Industries’ Cement Business For Rs 5,379 Cr
- by BW Retail World Bureau
- December 1, 2023
India’s UltraTech Cement said on Thursday it will buy the cement business of Kesoram Industries (KSRM.NS) in an all-stock deal valued at Rs 5,379 crore, in a move to add heft to its hold in the southern part of the country. As a part of the deal, UltraTech will issue one share for every 52 […]
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UltraTech Cement To Invest Rs 13,000 Cr To Increase Capacity
- by BW Retail World Bureau
- October 30, 2023
UltraTech Cement is all set to invest Rs 13,000 crore to increase the capacity by another 21.9 mtpa with a mix of brownfield and greenfield projects, taking its total capacity to 182 MTPA after completion. Kumar Mangalam Birla, Chairman, Aditya Birla Group, said, “Over the past seven years, UltraTech has strategically invested over INR 50,000 […]
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UltraTech Cement To Implement Coolbrook’s Innovative Technology For Industrial Electrification
- by BW Retail World Bureau
- May 24, 2023
UltraTech Cement, India’s largest cement and ready mix concrete (RMC) company, and Coolbrook, a transformational technology and engineering company, will jointly develop a project to implement Coolbrook’s RotoDynamic HeaterTM (RDH) technology in one of UltraTech’s cement manufacturing units. UltraTech will be among the first industrial players in using Coolbrook’s revolutionary technology for the decarbonisation of […]
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Q4FY23 Results: Ultratech Cement Reports 32% YoY Slump In Net Profit
- by BW Retail World Bureau
- April 29, 2023
Ultratech Cement on Friday reported a 32.29 per cent in its net consolidated profit at Rs 1,665.95 crore for the quarter ended 31 March, 2023 compared to Rs 2,460.51 crore in the same quarter last year. The decline in numbers is due to the much higher tax outgo for the quarter against credit in the […]
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Ultratech Cement’s Q3 Consolidated PAT Declines By 38% YoY To Rs 1,058 Cr
- by BW Retail World Bureau
- January 21, 2023
UltraTech Cement, reported a 38 per cent drop in quarterly earnings on Saturday, owing to an increase in expenditures. Profit for the three months ended December decreased to Rs 1,062 crore (USD 131.2 million) from Rs 1,710 crore the previous year, according to an exchange report by UltraTech. Consolidated revenue from operations was 15,520.93 crore […]