Concrete

UltraTech Cement Shares Surge 2.9% on Capacity Expansion

Kukurdih Unit’s Total Capacity Reaches 156.66 mtpa

Published

7 months ago

December 4, 2024

admin

Shares of UltraTech Cement rose by 2.9 percent to reach eleven thousand five hundred twenty-five rupees in intraday trade after the company announced an increase in production capacity. UltraTech revealed that its Kukurdih unit in Chhattisgarh expanded its output from 2.7 million tonnes per annum (mtpa) to 3.3 mtpa, as part of its ongoing debottlenecking initiatives.

With this expansion, UltraTech Cement’s total production capacity, including overseas operations, has reached 156.66 million tonnes per annum, reaffirming its status as India’s largest cement manufacturer.

Despite the positive stock movement, the company reported a 36 percent year-on-year drop in net profit for the second quarter of the financial year 2024-25 (Q2FY25), with earnings declining to eight thousand two hundred million rupees. Revenue fell by 2.4 percent to one hundred fifty-six billion rupees during the same period. Sequentially, net profit was down 52 percent, and revenue fell 13 percent.

UltraTech’s stock has gained 27 percent over the past year, outperforming the BSE Sensex’s 18 percent growth during the same period.

UltraTech Cement has a market capitalization of three trillion three hundred twenty billion rupees, with a price-to-earnings ratio of 50.10 and earnings per share of two hundred twenty-three rupees.

Up Next

Ambuja Cements, Coolbrook to Revolutionize Cement Production

Don't Miss

Steelmakers’ Debt Rises 25% Amid Capex Drive

Concrete

Star Cement launches ‘Star Smart Building Solutions’

Published

6 days ago

June 17, 2025

admin

Star Cement has launched ‘Star Smart Building Solutions,’ a new initiative aimed at promoting sustainable construction practices, as per a recent news report. This venture introduces a range of eco-friendly products, including tile adhesives, tile cleaners and grouts, designed to enhance durability and reduce environmental impact. The company plans to expand this portfolio with additional value-added products in the near future. By focusing on sustainable materials and innovative building solutions, Star Cement aims to contribute to environmentally responsible construction and meet the evolving needs of modern infrastructure development.

Image source:https://www.starcement.co.in/

Concrete

Nuvoco Vistas reports record quarterly EBITDA

Published

6 days ago

June 17, 2025

admin

Nuvoco Vistas reported its highest-ever quarterly consolidated EBITDA of Rs.556 crore in Q4 FY25, with annual EBITDA at Rs.1,391 crore. Cement sales reached 19.4 MMT in FY25, with Q4 contributing 5.7 MMT. Revenue rose 4 per cent YoY to Rs.3,042 crore in Q4. Net debt reduced by Rs.390 crore to Rs.3,640 crore. The company received NCLT approval for acquiring Vadraj Cement, targeting 31 MMTPA capacity by FY27. Key marketing initiatives, expanding RMX and MBM businesses, and a focus on sustainability (457 kg CO2/tonne) drove performance. Nuvoco remains focused on premiumisation, operational efficiency, and market expansion.

Image source:nuvoco.com

Concrete

UltraTech Cement increases capacity by 1.4Mt/yr

Published

6 days ago

June 17, 2025

admin

UltraTech Cement has expanded its production capacity by 1.4 million tonnes per annum (Mt/yr) through a combination of debottlenecking efforts and operational efficiency upgrades across several of its plants. The enhancements include an addition of 0.6Mt/yr in grinding capacity at the Nagpur facility in Maharashtra and a combined 0.8Mt/yr at the Panipat and Jhajjar units in Haryana. With these upgrades, the company’s total domestic grey cement capacity has risen to 184.8Mt/yr, while its global capacity now stands at 190.2Mt/yr.