UltraTech Cement has allotted 329 equity shares under ESOS on 09 November 2023. With this allotment, the paid up equity share capital stands increased to 28,86,86,674 equity shares of Rs 10 each aggregating to Rs 2,88,68,66,740.Powered by Capital Market - Live News

Net profit of UltraTech Cement rose 69.56% to Rs 1281.45 crore in the quarter ended September 2023 as against Rs 755.73 crore during the previous quarter ended September 2022. Sales rose 15.26% to Rs 16012.13 crore in the quarter ended September 2023 as against Rs 13892.69 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales16012.1313892.69 15 OPM %15.9313.43 - PBDT2487.571811.10 37 PBT1689.741103.19 53 NP1281.45755.73 70 Powered by Capital Market - Live News

UltraTech Cement announced that the Company`s wholly-owned subsidiary in UAE viz. Star Cement Co LLC (Star Cement) has entered into a cooperation agreement with Cemex UAE to recycle concrete waste in the construction industry as well as reduce carbon emissions and improve the overall environmental impact of construction projects. Through the partnership, the companies will deploy new solutions to manage and reuse concrete waste by utilizing advanced and environmentally safe practices. Furthermore, Cemex will provide low carbon byproducts to Star Cement, helping to reduce the carbon footprint of the built environment. Powered by Capital Market - Live News

UltraTech Cement has entered into an agreement with India Cements for purchase of land admeasuring 73.75 acres (which includes land admeasuring 14.53 acres to be procured), located at villages Kantakapalle and Chinnipalem, Mandal Kothavalasa, District Vizianagram, Andhra Pradesh, for a consideration of Rs.70 crore, exclusive of taxes, stamp duty and registration charges. This is for the purposes of the business of the Company. Powered by Capital Market - Live News

UltraTech Cement will hold a meeting of the Board of Directors of the Company on 19 October 2023.Powered by Capital Market - Live News