Ultratech aims for 200 mt production capacity

16 Aug 2023 CW Team

UltraTech Cement Ltd, led by chairman Kumar Mangalam Birla, is setting its sights on a substantial increase in production capacity. Birla announced during the company’s 23rd annual general meeting that they are determined to reach a production capacity of 200 million tonnes (mt), a significant leap from their current commissioned capacity of around 138 mt.

Birla acknowledged the unprecedented pace of expansion within the sector and highlighted ongoing capacity projects that will push the company's cement production capacity beyond 160 million tonnes per annum (mtpa). This remarkable growth includes the recent commissioning of an additional 5.5 mtpa in this fiscal year, bringing the total capacity to 137.85 mtpa.

Financially, UltraTech's performance remains strong, with a 7% year-on-year increase in profit for the June quarter, amounting to Rs 16.88 billion . The company achieved net revenue of Rs 177.37 billion during the quarter, marking a 17% growth, and recorded an Ebitda of Rs 322.3 million. Notably, UltraTech achieved sales volume of over 100 mt in FY23, showcasing its market presence.

Birla concluded with an optimistic outlook, considering a potential recovery in global growth and emphasising the company's commitment to sustainability. UltraTech aims to reduce carbon intensity and increase its green energy share significantly, aligning with its broader environmental goals.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..