Line 2 of Bara Grinding Unit of two mtpa capacity commissioned
Cement

Line 2 of Bara Grinding Unit of two mtpa capacity commissioned

UltraTech Cement told the media that the Line 2 of the Bara Grinding Unit in Uttar Pradesh, which has two million tonnes per annum (mtpa) capacity, has been commissioned.

The company further said that Line I of the Bara Grinding Unit was commissioned in January 2020 and already operating at a capacity utilisation of over 80%. The additional capacity will help the fast-growing cement demand in Central India.

During FY21-22, the company commissioned 3.2 mtpa of new cement capacity, increasing its total cement manufacturing capacity in India to 114.55 mtpa.

UltraTech Cement, being a part of the Aditya Birla Group, is the third-largest cement producer outside China and the largest producer in India by its installed capacity.

The net profit of the company increased by 0.3% to Rs 1,313.53 crore with a 15.7% increase in its net sales to Rs 12.016.78 crore in the second quarter (Q2) of FY22, compared to Q2 FY21.

The company's scrip increased by 0.58% to trade at Rs 7,647.30 on the Bombay Stock Exchange (BSE). It has traded between Rs 7,640.30 and Rs 7,727.40.

Image Source

UltraTech Cement told the media that the Line 2 of the Bara Grinding Unit in Uttar Pradesh, which has two million tonnes per annum (mtpa) capacity, has been commissioned. The company further said that Line I of the Bara Grinding Unit was commissioned in January 2020 and already operating at a capacity utilisation of over 80%. The additional capacity will help the fast-growing cement demand in Central India. During FY21-22, the company commissioned 3.2 mtpa of new cement capacity, increasing its total cement manufacturing capacity in India to 114.55 mtpa. UltraTech Cement, being a part of the Aditya Birla Group, is the third-largest cement producer outside China and the largest producer in India by its installed capacity. The net profit of the company increased by 0.3% to Rs 1,313.53 crore with a 15.7% increase in its net sales to Rs 12.016.78 crore in the second quarter (Q2) of FY22, compared to Q2 FY21. The company's scrip increased by 0.58% to trade at Rs 7,647.30 on the Bombay Stock Exchange (BSE). It has traded between Rs 7,640.30 and Rs 7,727.40. Image Source

Next Story
Real Estate

Sources Unlimited Launches Aurora Collection Inspired by Twilight

Sources Unlimited unveils the Aurora Collection, a luxury lighting series inspired by the soft glow before dawn. Featuring spherical forms and metallic accents, the collection plays with reflections and shadows, enhancing interiors with layered illumination. Designed for floors, tables, ceilings, and walls, Aurora seamlessly integrates into diverse spaces, from homes to hospitality settings. Now available at Sources Unlimited, the collection redefines lighting as an artistic medium, transforming spaces with warmth, nostalgia, and timeless beauty...

Next Story
Real Estate

Build Capital Exits Second SRA Project Investment Near BKC

Build Capital has successfully exited its investment in an SRA project near Bandra-Kurla Complex, marking another milestone in its structured real estate financing strategy. The early-stage investment helped the developer complete rehab work and align the project with DCPR 2034, enhancing total economics. With a 2.25 lakh sq. ft. development potential and projected revenue of over Rs 7.25 billion, the project generated a 19.76 per cent IRR with 100 per cent on-time interest payments. Commenting on the milestone, Kuldeep Jain, CEO of Build Capital, stated: “Our strategic funding and acti..

Next Story
Real Estate

Küche7 Unveils Affogato: A Fusion of Luxury and Function

Küche7, India’s luxury stainless steel kitchen specialist, has launched Affogato, a sculptural kitchen design that merges aesthetics with functionality. Featuring deep brown panels with a brownstone texture, a curved marble-topped island, and a seamlessly integrated gas cooktop, Affogato redefines culinary spaces. Thoughtfully designed storage ensures a clutter-free experience, while soft grey flooring and an inlaid ceiling complete its refined appeal. More than a kitchen, Affogato embodies slow li..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?