On Tuesday, the Aditya Birla Group company commissioned 1.9 million tonnes per annum (mtpa) greenfield clinker-backed grinding capacity at Pali Cement Work. Now the company has a 16.25 mtpa cement capacity in Rajasthan, spread over five separate plant locations.

• Premier Energies Order Book Swells to Rs 15,000 Cr
• Strides Pharma Shares Jump 10% on USFDA Bengaluru Clearance
• Trump Set to Cut Canada Auto Tariffs to 15% in Proposed Trade Deal
• L&T Shares Rise After Winning Rs 5,000 Crore Dubai Airport Order
• Security Compliance Gaps Delay Starlink Launch in India

In India, the cement manufacturing capacity stands at 121.35 mtpa. The company is the third largest cement producer outside of China, with a consolidated Grey Cement capacity of 121.25 MTPA.

On a consolidated basis, the net profit of Ultra Cement slipped at 42.47% to Rs 756 crore on a 15.78% increase in net sales to Rs 13,596 crore in the second quarter of FY23 over the second quarter of FY22.

On the Bombay Stock Exchange (BSE), UltraTech Cement’s shares go up 0.20% to Rs 7,237.20.