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Ultratech Cement Shares in Focus; Commissions Grinding Capacity at West Bengal

Written by: Neha DubeyUpdated on: Feb 6, 2025, 11:23 AM IST
UltraTech Cement shares remained in focus as it announced the commissioning of an additional 0.6 MTPA grinding capacity at a unit in West Bengal.
Ultratech Cement Shares in Focus; Commissions Grinding Capacity at West Bengal
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UltraTech Cement has expanded its operations by commissioning 0.6 MTPA grinding capacity at its Sonar Bangla, West Bengal unit. This boosts its domestic grey cement capacity to 166.31 MTPA, the company said in a press release on the stock exchanges.

Expansion Details: 0.6 MTPA Grinding Capacity

UltraTech Cement has announced the commissioning of an additional 0.6 MTPA (million tons per annum) grinding capacity at its existing unit located in Sonar Bangla, West Bengal.

This expansion is expected to support the growing demand for composite cement in the East region of India and contribute to increasing the company’s blended cement ratio.

With this expansion, UltraTech Cement’s total domestic grey cement manufacturing capacity has reached 166.31 MTPA. Additionally, when combined with its overseas capacity of 5.4 MTPA, the company’s total global capacity now stands at 171.71 MTPA.

This capacity enhancement will help UltraTech Cement to meet the growing demand for high-quality cement across various regions.

Q3 FY25 Financial Highlights

UltraTech Cement Ltd reported its Q3 FY25 results, showing a 17.30% drop in consolidated net profit year-on-year (YoY), amounting to ₹1,469.50 crore compared to ₹1,776.98 crore in the same period last year.

However, the company’s revenue from operations rose by 2.70% to ₹17,193.33 crore in Q3 FY25, up from ₹16,739.97 crore in the corresponding period of the previous year.

The cement maker saw notable growth in revenue from cement exports, ready-mix concrete (RMC), building products, and overseas operations, which grew by 37%, 14%, 26%, and 35%, respectively, on a YoY basis.

The company continues to progress on its capacity expansion plans, having commissioned an additional 1.8 MTPA capacity.

Share Price Performance

UltraTech Cement Limited’s share price has experienced a decline of 1.38%, trading at ₹11,425.30 as of 11:15 AM on the NSE. The stock opened at ₹11,577.20 and reached a high of ₹11,619.55 during the session, but has since moved lower, touching a low of ₹11,327.70. This drop in the stock price today has erased half of the gains made in the last two trading sessions.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Feb 6, 2025, 11:23 AM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

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