UltraTech Cement quarterly net profit falls 16.3%, India
UltraTech Cement on Monday announced a 16.3 per cent YoY fall in quarterly profit, which it attributed to an increase in railway freight costs and diesel prices. The company rep...
Ultratech Cement
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UltraTech Cement production at 4Mt in March
UltraTech Cement said that the company’s total production for March 2013 was 4Mt. Dispatches were 4.01Mt, the company said in a filing to the Bombay Stock Exchange. India’s larg...
UltraTech commissions clinker and grinding projects, India
India’s leading cement producer, UltraTech Cement, has commissioned two new cement facilities as part of its ongoing expansion drive. The company has informed the Bombay Stock E...
UltraTech sales decline 6% in February
UltraTech Cement, India’s largest cement producer, has reported a six per cent decline in February 2013 sales, amid wider concerns of subdued demand across the domestic market.
UltraTech halts Awarpur operations due to action, India
UltraTech Cement has temporarily closed its 3.6Mta Awarpur plant in the state of Maharashtra due to a strike by workers.
Railway projects arouse interest from Indian cement producers
With Indian railways showing a renewed focus on private partnerships, Jindal, Adani and a consortium of cement companies (UltraTech, Prism and Madras Cement) have been linked to...
UltraTech Cement plans to raise US$100m from IFC
UltraTech Cement plans to raise approximately US$100m from the International Finance Corporation (IFC) to support its US$297m expansion in Chhattisgarh.
UltraTech Cement in talks to buy ABG Cement plant, India
India’s largest cement producer, UltraTech Cement, is in talks to purchase an incomplete 6.7Mta cement plant in Gujarat owned by the ABG Cement group, the Economic Times of Indi...
UltraTech 3Q hurt by subdued demand, higher freight costs
India’s largest cement manufacturer UltraTech Cement reported a 2.6 per cent fall in net profit for the third quarter of the current fiscal as a slowdown in construction activit...
UltraTech Cement eyes Jaypee's Gujarat operations
India's largest cement producer UltraTech Cement is understood to be in talks with Jaypee Group for the latter's business in Ahmedabad, Gujarat. Local press have reported that t...