UltraTech Cement Limited: India’s Largest Cement Manufacturing Company
UltraTech Cement Limited is one of the largest manufactures of cement in India. It is owned by Aditya Birla Group. It is established in 1983 which is headquartered in Mumbai, Maharashtra, India. It engages in manufacturing and selling of cements and cement related products in and outside India.
They manufactures ordinary portland cement, portland blast furnace slag cement, and portland pozzalana cement, as well as ready mix concrete. Birla white is a leading white cement brand of UtraTech Cement Ltd. They include WallCare Putty, Levelplast, GRC and Textura. They are the country’s largest manufacturer of white cement and Ready Mix Concrete.
They have several subsidiaries, they are Dakshin Cements Limited, Harish Cements Limited, UltraTech Cement Lanka (Pvt.) Ltd and UltraTech Cement Middle East Investments Limited. It is not only the leading industry in India but also in globally. The installed capacity of this company is 93 Million Tonnes Per Annum (MTPA) of grey cement. The market capital Ultra Tech Cement Ltd as on July 2017 is Rs. 108,837.32 Crore.
UltraTech Ltd reported 15% increase in the net profit at Rs. 897.9 Crore for the first quarter ended in June 30, 2017. In the previous year’s profit in the same quarter was Rs 779.8 crore. The revenues increased to Rs 8,094.5 crore during the same period against Rs 7,603 crore a year ago. The company has become the fourth-largest cement player globally