Ultratech - India's Fastest Growing Cement Company 2013

30 Nov 2013 Editorial Team

Largest Cement Company- Ultratech

Since its inception in the mid-1980s, UltraTech Cement has come a long way. The Aditya Birla company has eleven integrated plants, one white cement plant and one clinkerisation plant, which is based in the UAE. Overall, the company has 15 grinding units across the world - 11 in India, two in the UAE and one each in Bahrain and Bangladesh. It also has two rail bulk terminals in India, three coastal terminals, out of which two are located in India and one in Sri Lanka, not to mention 101 concrete plants across 35 locations in India. UltraTech has very recently acquired the 4.8 mtpa Gujarat unit of Jaypee Cement Corporation for Rs 3,800 crore. The acquired unit has a 57 MW coal-based power plant with a 30 MW DG (diesel generator) back-up, limestone reserves sufficient to run the plant at current capacity for 90 years and a captive jetty at Sewagram. The new plant is expected to raise UltraTech's domestic capacity to 59 million tonne from the current 54 million tonne. With new expansion plans in Karnataka, Rajasthan and Madhya Pradesh set to go on stream by 2015, UltraTech's capacity is expected to touch 70 mtpa. The new acquisition, while boosting up the company's production capacity will also help it move ahead of its immediate rival Holcim in the long run.

The company's standalone revenue in 2012-2013 rose 10.85 per cent to Rs 21,156.12 crore while its net profit rose 11.42 per cent to 2,677.73 crore from Rs 2,403.26 crore in the previous year.

Infrastructure Urban

16 May 2025

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Infrastructure Urban

16 May 2025

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Infrastructure Urban

16 May 2025

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..