UltraTech Cement net profit falls 37.9% to Rs 1,062.6 crore, revenue up 19.5 pc in Q3
According to the company its operation cost was higher. The cost of raw materials such as fly ash, slag, and gypsum witnessed an increase of 13 percent.
Jan 21, 2023, 18:10 PM IST
UltraTech Cement shares jump nearly 3% after earnings announcement
The leading cement producer had posted a net profit of Rs 1,584.58 crore in the October-December quarter a year ago.
Jan 17, 2022, 19:51 PM IST
UltraTech to buy Binani Cement for Rs 7,266 crore, seeks end to insolvency proceedings
The move comes days after rival Dalmia Cement said its Rs 6,350 crore bid to buy Binani Cements Ltd has been accepted by the lenders.
Mar 19, 2018, 18:58 PM IST
UltraTech's Q3 net up by 4.76%
UltraTech Cement`s net profit in the third quarter of 2016-17 went up by 4.76 per cent, a regulatory filing by the company showed here on Saturday.
Jan 21, 2017, 19:36 PM IST
'Quarterly earnings of UltraTech, HCL, Cairn India to dictate stock market trend this week'
Quarterly earnings from bluechips Reliance Industries and Wipro would largely influence market trend this week in the absence of any major domestic triggers, say experts.
Oct 16, 2016, 12:26 PM IST
UltraTech-JAL $2.5 bn cement plant deal likely by June 2017
UltraTech Cement's Rs 17,000 crore proposed acquisition of Jaiprakash Associates's cement plants is expected to be completed by June 2017, a top official from the Aditya Birla Group's flagship firm has said.
Mar 01, 2016, 18:59 PM IST
Birla's UltraTech buys JP's cement plants for Rs 17,000 crore
Aditya Birla Group firm UltraTech Sunday announced acquisition of debt-ridden JP Group's cement plants for nearly Rs 17,000 crore (about USD 2.5 billion), making it the biggest deal in the sector.
Feb 28, 2016, 17:11 PM IST
Ultratech-JAL cement Rs 5,400-cr deal fails on lack of regulatory approval
The Rs 5,400-crore deal between India's largest cement maker Ultratech and Jaiprakash Associates (JAL) to acquire the latter's two cement plants has been called off on account of lack of regulatory approvals.
Feb 26, 2016, 21:23 PM IST
Ultratech Cement Q3 Net rises 37% to Rs 545.92 crore
Ultratech Cement Wednesday reported a 37 percent growth in its consolidated net profit to Rs 545.92 crore for the quarter ended December 2015 on lower operating costs and higher sales.
Jan 20, 2016, 17:40 PM IST
Lafarge-Holcim merger not a threat to UltraTech Cement: Birla
The dip in profit was on account of a penalty imposed by CCI on cartelisation charges.
May 03, 2015, 18:51 PM IST
CCI clears UltraTech's purchase of JAL's two cements plants
UltraTech's proposed buyout of two cements plants from Jaiprakash Associates Ltd (JAL) has got the approval of fair trade watchdog CCI, which said the deal is unlikely to have an adverse impact on competition.
Apr 28, 2015, 20:07 PM IST
Ultratech Cement Q4 net profit dips 24%
Ultratech Cement on Saturday reported a 24 percent dip in consolidated net profit at Rs 657.2 crore for the fourth quarter of 2014-15, mainly on account of a penalty imposed by CCI on cartelisation charges.
Apr 25, 2015, 17:39 PM IST
Ultratech Cement says HC has quashed cancellation of a mine
The court verdict will enable Gotan Limestone Khanij Udyogto, a wholly owned subsidiary of Ultratech Cement, take possession and operate the mines, Ultratech said.
Mar 26, 2015, 19:05 PM IST
UltraTech Q3 net marginally up to Rs 400 crore
UltraTech Cement Friday reported a marginal increase in consolidated net profit at Rs 399.98 crore for the quarter ended December 31, 2014, from Rs 395.11 crore in the same period last year.
Jan 23, 2015, 20:53 PM IST
Ultratech to buy Jaypee's 2 cement plants for Rs 5400 crore
In one of the biggest deals in the cement sector, Aditya Birla Group firm Ultratech will acquire two plants from Jaiprakash Associates (JAL) in Madhya Pradesh for an enterprise value of Rs 5,400 crore.
Dec 23, 2014, 20:54 PM IST
UltraTech Cement earmarks capex of Rs 7,000 cr for expansion
The company's installed capacity has been scaled up to nearly 62 million tonnes (MT) annually, inclusive of 3 MT overseas.
Aug 06, 2014, 21:34 PM IST
Ultratech Q1 Net dips 6% to Rs 628 cr on lower prices
Ultratech Cement today reported a little over six percent dip in its consolidated net profit for the first quarter of the current fiscal at Rs 628 crore on lower prices and higher variable costs.
Jul 19, 2014, 15:38 PM IST
