UltraTech full-year net profit down 6% YoY
India’s largest cement manufacturer UltraTech Cement reported a six per cent drop in its net profit for the year ended 31 March 2015 to INR20.15bn versus INR21.44bn in the previ...
Ultratech Cement
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Jaiprakash Associates to seek shareholders' approval for divestments to UltraTech
Jaiprakash Associates Ltd will next month seek approval from its shareholders and creditors for the proposed sale of its cement units to UltraTech Cement. "Pursuant to an order ...
Century Textiles to reportedly spin off cement unit
Century Textiles, owned by Birla patriarch Basant Kumar Birla, will spin off its cement business and merge it in an all-share deal with UltraTech Cement, owned by grandson Kumar...
Mumbai Port Trust allots land for cement handling terminal
The Mumbai Port Trust has allocated allotted 25,000m2 of land at Petroleum Godown to UltraTech Cement for 30 years, to build a fully-automated cement handling terminal. The term...
India: Aditya Cement starts third line, builds grinding unit
UltraTech Cement Ltd has informed the Bombay Stock Exchange (BSE) that the company has commissioned its clinker plant of 2Mta at Aditya Cement Works, Shambhupura, Rajasthan. The...
UltraTech quarterly revenue rises 15% YoY
India's largest cement producer, UltraTech Cement, reported a 15 per cent YoY increase in net sales for the quarter ended 31 December 2014 to INR54.9bn.
India: UltraTech outlines upcoming greenfield expansion
Following its planned takeover of two cement plants owned by the Jaypee group, UltraTech has outlined its next phase of greenfield expansion. India’s largest cement producer is ...
UltraTech to not bid for Lafarge/Holcim assets
UltraTech has pulled out of the race to buy cement assets up for sale as Lafarge and Holcim’s proposed merger, the Indian cement major confirmed to local press. An UltraTech spo...
UltraTech reportedly in talks to buy further Jaiprakash units
UltraTech Cement is in talks to acquire Jaiprakash Associates Ltd's cement plants in central and southern India, people with knowledge of the matter have told local press. The c...
Siemens surpasses motor milestone with UltraTech order
Siemens Limited announced that it has surpassed a key milestone in manufacturing and delivering International Efficiency (IE) class industrial motors by handing the 100,000th mo...