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UltraTech Cement Q2 Profit Surges 75% to Rs 1,232 Crore; Approves Rs 10,255 Crore Expansion Plan

UltraTech Cement’s Q2 profit surged 75% to Rs 1,232 crore with revenue up 20%. The company approved a Rs 10,255 crore expansion plan...

CementConstructionIndustrialMarket UpdatesNews

India Cements Returns to Profit; Approves ₹2,014 Crore Capex Plan Under UltraTech

India Cements, now part of UltraTech Cement, reported a net profit of ₹8.81 crore in Q2 FY26 and approved a ₹2,014 crore capex...

CementIndustrialMarket UpdatesNews

GST Cut May Shift Cement Market Towards Premium Players, Says Nomura

India’s cement market is bracing for a major shift as the GST Council meets on September 3–4 to decide on reducing the tax...

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Cement Sector Rally Strengthens as GST Cut Buzz Lifts FY26 Outlook

Cement shares seem all set to be among the biggest winners this FY26, with hopes built on reducing the Goods and Services Tax...

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UltraTech Sets ₹10,000 Cr Capex for FY26, Eyes 200 MTPA Milestone Amid Cement Boom

UltraTech Cement moves for a massive expansion with ₹10,000 crore capital expenditure for FY26 to consolidate the existing production capacity and improve the...

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NCLT Clears Merger of Adani Cementation with Ambuja Cements, Effective from April 2024

Sanction has been granted by the National Company Law Tribunal against a historical merger scheme for the Adani Group toward the consolidation of...

CementMarket UpdatesNews

Cement Sector Eyes Up to 80% Profit Surge in June Quarter on Price Gains

Still, in the cement sector, sources believe that cement firms will register higher net profits (30% to 80%) for the April-June quarter of...

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UltraTech Refutes Reports of CCI Probe in Alleged Cement Cartel Case

The country’s largest cement producer, UltraTech Cement, has categorically denied media reports suggesting it was under investigation by the Competition Commission of India...

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CCI Seeks Financial and Tax Records from Cement Majors in ONGC Bid Rigging Probe

The Competition Commission of India has asked UltraTech, Dalmia Cement, Shree Digvijay, and Sunrise Enterprises to submit financial and tax records in a...

CementIndustrialMarket UpdatesNews

Cement Stocks Hit 52-Week Highs Amid Strong Sector Outlook Despite Market Weakness

Shares of top cement companies, including UltraTech, Ramco, Dalmia Bharat, and JK Lakshmi Cement, surged to 52-week highs on Wednesday, bucking the broader...