UltraTech Cement commissions additional 1 2 mtpa production capacity

This new unit will be operational by the end of 2023.

Increased capacity: The new unit will enable UltraTech Cement to produce an additional 8 mtpa of cement, increasing its overall capacity.

Improved product quality: The state-of-the-art technology used in the new unit will enable the company to produce high-quality cement with reduced energy consumption.

Enhanced customer satisfaction: The company’s focus on building strong relationships with local stakeholders will enable it to better understand the needs of its customers and provide them with better products and services.Future Outlook

The new unit in Hirmi is expected to play a significant role in UltraTech Cement’s future growth and expansion plans.

Key Highlights of UltraTech Cement’s Q3 Earnings Report

Revenue from operations increased by 71 per cent YoY

Profit at Rs 1,51 crore

Capacity utilisation at 73 per cent

The company’s revenue from operations increased by 2.71 per cent YoY, driven by a strong demand for cement in the construction sector. The revenue from operations stood at Rs 17,193.33 crore, up from Rs 16,656.11 crore in the same period last year.

Strong demand for cement in the construction sector

Improved operational efficiency

Increased sales of specialty cements

The company’s strong demand for cement in the construction sector was driven by a number of factors, including the government’s infrastructure development plans and the growth of the real estate sector. Additionally, the company’s improved operational efficiency and increased sales of specialty cements also contributed to the revenue growth.

Capacity utilisation at 73 per cent

Improved operational efficiency

Reduced energy consumption

UltraTech Cement’s capacity utilisation stood at 73 per cent, indicating a significant improvement in the company’s operational performance.