Ultratech cement company has announced the commissioning of the 2.6 MTPA greenfield grinding capacity at Rajpura as part of its 22.6 MTPA capacity expansion plan announced in June 2022.

The additional capacity will aid the company for services in the markets of Punjab. After the commissioning of the new capacity, Ultratech Cement’s total grey cement manufacturing capacity now stands at 135.59 MTPA in India.

The leading cement producer reported an impressive 68% increase in the consolidated net profit on a year-on-year (YoY) basis at Rs 1,776.98 crore in the quarter ended December 31, 2023, compared to Rs 1,058.20 crore in the same period last year.

Its consolidated revenue increased 7.85% to ₹16,740 crore in the third quarter of the financial year 2024, as opposed to ₹15,520.93 crore in the corresponding quarter in the preceding financial year.