UltraTech Cement expected to report 29% fall in profit
UltraTech Cement is expected to report a 29 per cent YoY drop in net profit to INR12,140m (US$151.9m) for the three months ended 30 June 2022, compared to INR17,000m in the same...
Ultratech Cement
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10 UltraTech mines receive five-star sustainable management awards
Ten of UltraTech Cement Ltd’ s limestone mines have been awarded a five-star rating for sustainable mine management in FY20-21 by the Ministry of Mines and Indian Bureau of Mine...
UltraTech Cement stalls on plant purchase
UltraTech Cement has reportedly done a U-turn on its agreement to purchase a cement plant from Jaiprakash Associates. The 3Mta plant formed part of UltraTech's acquisition of si...
UltraTech Cement pays for Russian coal shipment in yuan
UltraTech Cement has reportedly paid for a shipment of Russian coal in Chinese yuan, raising questions over whether this will now become the norm. The cement producer is importi...
UltraTech Cement starts new clinker cooler at Hirmi plant
A new IKN Pendulum Cooler ® has been successfully commissioned at UltraTech Cement’s Hirmi cement plant in Chhattisgarh. The the IKN Pendulum Cooler ® successfully completed its...
UltraTech Cement to invest INR128,860m for 22.6Mta capacity expansion
The Board of Directors at UltraTech Cement (Aditya Birla group) has approved capex of INR128,860m (US$1659m) to raise cement capacity by 22.6Mta with a mix of brownfield and gre...
What to make of Holcim's Indian exit?
Holcim Group agreed to sell its Indian cement businesses this week for US$10.5bn in cash to the Adani Group. ICR reports on the deal and what this means for the Indian cement se...
Dalmia Bharat joins the Holcim India race
Dalmia Bharat Ltd is reportedly planning to bid for Holcim’s India businesses. According to sources close to Dalmia, the company is in talks with banks to secure financing for t...
UltraTechCement Ltd reports consolidated sales of INR155bn in 4QFY21-22
UltraTech Cement Ltd has announced its financial results for the 4QFY21-22 and year ended 31 March 2022. The company reported consolidated net sales of INR155,570m (US$2035m) in...
Aditya Birla Group will consider buying Holcim's Indian assets
Kumar Mangalam Birla, chairperson of Aditya Birla, is reportedly looking at ways to make a bid for ACC Ltd and Ambuja Cements that Holcim intends to divest, according to The Eco...