UltraTech's sales rise 6% YoY in 3QFY23-24
UltraTech 's consolidated sales rose by six per cent per cent to 27.32Mt YoY in the third quarter ended 31 December 2023. Aditya Birla Group , UltraTech's parent company, ann...
Ultratech Cement
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UltraTech Cement acquires 26% stake in Clean Max Terra
UltraTech Cement has entered into a share subscription and shareholders agreement to acquire 26 percent equity shares of renewable energy company Clean Max Terra. The equity in...
UltraTech targets 85% green power by 2030
UltraTech Cement aims to increase the share of green energy in its total energy mix from the current 22 to 60 per cent by FY25-26 and 85 per cent by 2030. According to its Ma...
UltraTech Cement to acquire Kesoram Industries Ltd's demerged cement business
Kesoram Industries Ltd has decided to demerge its cement business and has approached UltraTech Cement Ltd in relation to the same. The Board of Directors of UltraTech, af...
Burnpur Cement Ltd acquisition increases UltraTech Cement's capacity
UltraTech Cement has acquired a 0.54Mta cement grinding assets of Burnpur Cement Ltd, located at Patratu in Jharkhand, India, at a consideration of INR169,790m. This investme...
UltraTech Cement eyes up Kesoram Industries
UltraTech Cement has reportedly expressed an interest in acquiring Kesoram Industries and is already carrying out due diligence on the company. According to CNBC, UltraTech...
UltraTech Cement and Adani Cement alerted to Heidelberg's Indian divestment rumour
UltraTech Cement ( Aditya Birla Group ), and the country’s second-largest cement producer, Adani Cement, may join the race along with Parth Jindal-led JSW Cement to acquire...
CEMEX and Star Cement collaborate to recycle concrete waste
CEMEX UAE , has signed a cooperation agreement with Star Cement Co LLC, a wholly-owned subsidiary of UltraTech Cement Ltd , India which aims to recycle concrete waste in the ...
UltraTech Cement buys land from The India Cements Ltd
UltraTech Cement ( Aditya Birla Group ) has entered into an agreement with The India Cements Ltd , on 21 September 2023 to purchase a 73.35-acres plot of land (which include...
UltraTech Chairman sets new capacity goal at AGM
In FY22-23 UltraTech Cement recorded net revenues of US$7.9bn (INR632,400m) and an EBITDA of US$1.4bn (INR111,230m). FY22-23 marked significant milestones for UltraTech as...