Chairman reflects on tough period at UltraTech Cement's AGM
Kumar Mangalam Birla, chairman of UltraTech Cement (Aditya Birla Group), opened the 20th Annual General Meeting on 12 August 2020, via video conferencing and reflected on the c...
Ultratech Cement
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1H20 results show regional impact of coronavirus on cement demand
This week, the cement industry majors have been announcing their business results for the first half of 2020. The business results of Dangote Cement, Cemex, UltraTech, Heidelbe...
UltraTech Cement's consolidated net sales reach INR75,630m in 1QFY21
UltraTech Cement Ltd’s (Aditya Birla Group) consolidated net sales reached INR75,630m (US$1.01bn) in the 1QFY21 compared to INR112,290m in the 1QFY20. Profit before interest, d...
UltraTech Cement's subsidiary to sell entire stake in Shandong Binani Rongan Cement
India’s UltraTech Cement has announced that its Krishna Holdings subsidiary will sell its entire stake in Shandong Binani Rongan Cement Co for a value of US$120m. "Krishna Ho...
UltraTech Cement reduces capex plans to INR10bn in FY20-21
India’s UltraTech Cement has announced that it will be restricting its capital expenditure plans to INR10bn (US$132.42m) during the current fiscal year, following the disruptio...
UltraTech Cement Ltd records net sales of INR105.8bn in 4QFY19-20
UltraTech Cement Ltd (Aditya Birla Group) announced its financial results for the 4Q and full year ended 31 March 2020. 4QFY19-20 Consolidated net sales reached INR105.8bn ...
Indian cement manufacturers take precautions against COVID-19
India’s cement manufacturers are taking precautions against the spread of COVID-19. JK Cement Ltd is working with a reduced workforce, maximising video-conferencing and minimis...
UltraTech Cement sees 80% rise in net profit
India's UltraTech Cement (Aditya Birla Group) has posted a 79.8 per cent YoY increase in consolidated net profit to INR7.12bn (US$99.67m) for the 3QFY19-20, while EBITDA rose 2...
UltraTech Cement commissions Phase I of Bara grinding unit
UltraTech Cement has announced that the Phase I commissioning of its 2Mta grinding unit in Bara, Uttar Pradesh, India. Once fully commissioned, the total capacity of this unit ...
UltraTech Cement reduces cement price in Jammu and Kashmir
India’s UltraTech Cement has reduced the price of cement in Jammu and Kashmir following the abolition of a toll tax in Lakhanpur, according to the region’s Department of Inform...