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.
- Larsen and Toubro Subsidiary Plans to Sell Nabha Power for Rs 3,661 CroreΒ
- Singapore Flights to Cost More Over SAF Levy
- Anthropic Opens Bengaluru Office, Expands India Partnerships
- Bill Gates Meets N. Chandrababu Naidu Ahead of AI Summit
- Arkade Developers Shares Gain 1% on Project in MumbaiΒ
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 Cementβs shares go up 0.20% to Rs 7,237.20.
Live
