Cement
Delhi HC dismisses UltraTech's plea against builders' association joining CCI in grey cement cartel probe
UltraTech challenged the Competition Commission of India’s decision before the high court, arguing that Builders Association of India should not have been made a party because it was only an informant.
3 min read8 Sep 2026Ultravolt to power UltraTech, but its current can rattle rivals
Shares of KEI Industries, RR Kabel and Polycab India plummeted 5-8% in Friday’s early session, while UltraTech’s stock was marginally up, by 0.5%.
3 min read4 Sep 2026Kumar Mangalam Birla's UltraTech enters wires, cables business with ₹1,800 crore Ultravolt bet
Ultravolt, which is preparing for a nationwide rollout across more than 100,000 retailers, aims to become India’s second-largest player in the wires segment within five years.
1 min read3 Sep 2026Cement makers face a forgettable first half as prices weaken and costs bite
Cement companies enjoyed higher realizations in the first quarter of FY27, but rising fuel and raw material costs squeezed margins, while new capacity could keep pricing under pressure.
3 min read17 Aug 2026Shree Cement Q1 profit falls as West Asia disruptions drive up fuel costs
A strong volume growth failed to offset higher input costs after supply disruptions forced a costlier fuel mix, though the company expects profitability to improve from Q2 if geopolitical tensions remain stable.
3 min read31 Jul 2026UltraTech’s Q1 has bright spots, but margin pressures linger
UltraTech gained market share and kept Ebitda per tonne above ₹1,200 despite higher costs, but monsoon-led demand softness and fuel inflation could weigh on margins in Q2.
2 min read21 Jul 2026UltraTech overcomes fuel cost shock to beat Q1 revenue, profit estimates
Robust cement demand, double-digit volume growth, contributions from acquired businesses, and disciplined cost management helped India’s largest cement maker offset higher fuel and freight costs.
1 min read20 Jul 2026UltraTech Cement Q1 Results: Net profit jumps 17% YoY to ₹2,599 crore
In Q1FY27, UltraTech Cement's net profit surged 16.77% year-on-year to ₹2,599.28 crore, driven by operational efficiencies and market execution. Revenue grew 15.8% to ₹24,648 crore, while capacity utilisation stood at 81%, indicating strong demand in the construction sector.
2 min read20 Jul 2026Nuvoco looks beyond East with Gujarat expansion
The country's fifth-largest cement maker sells about 1.5 million tonnes of cement annually in Gujarat and expects to take the sales in the state to five million tonnes by 2030.
4 min read20 Jul 2026India needs clean cement for a low-carbon future. Here's what's holding it back
As India grows, its need for cement will grow with it. But this needn't be at odds with the country's climate goals. While the industry already has the technical know-how to produce cleaner cement, it still awaits a market that will reward decarbonization.
4 min read13 Jul 2026Wait for it…
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