On Monday, UltraTech Cement revealed exciting news about its production capabilities. Thanks to targeted debottlenecking efforts and improved efficiencies at various facilities, the company has successfully boosted its production capacity by an impressive 1.4 million tonnes per annum (mtpa). In a recent regulatory statement, UltraTech expressed their satisfaction with these advancements, highlighting the successful completion of initiatives that have positively impacted their operational output.
Strategic Capacity Enhancements
The cement giant has made significant strides in its production across several key locations:
- Nagpur grinding plant: Increased capacity by 0.6 mtpa
- Panipat unit: Achieved an additional 0.4 mtpa
- Jhajjar (Haryana) grinding unit: Gained an extra 0.4 mtpa
With these enhancements, UltraTech Cement’s total domestic grey cement manufacturing capacity now reaches 184.76 mtpa. When factoring in its international capacity of 5.4 mtpa, the company’s global production capacity stands at a remarkable 190.16 mtpa, as stated in their latest exchange filing.
Financial Performance Highlights
Earlier in April, UltraTech reported impressive figures in its fiscal fourth-quarter earnings. The company posted a profit of ₹2,482.04 crore, marking a 9.92% increase compared to ₹2,258.12 crore from the same period in the previous financial year. Additionally, revenue from operations rose to ₹23,063.32 crore, reflecting a growth rate of 12.95% from ₹20,418.94 crore year-over-year. The company’s EBITDA was reported at ₹4,618.4 crore.
UltraTech also noted that its consolidated sales volumes reached 41.02 million tonnes for the quarter, representing a robust 17% growth. Furthermore, the company has made significant advancements in renewable energy, achieving over 1 GW of renewable power installations, positioning itself as a leader in sustainable practices within the Indian industrial landscape.
Conclusion
UltraTech Cement’s continuous focus on enhancing production capabilities and sustainability is a testament to its commitment to growth and innovation. With a strengthened operational framework and impressive financial results, the company is poised for further success in the competitive cement industry.
