CEMENTING GROWTH

UltraTech, a part of the globally renowned Aditya Birla Group, has grown to become India’s largest cement manufacturer.

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It is also the second-largest cement manufacturer worldwide accounting for more than 7 per cent of the global capacity in grey cement, white cement and RMC, and offers a wide array of building solutions catering to the construction needs of the modern world. The company’s operations are spread across India, UAE, Bahrain and Sri Lanka to cater to the demand in the Indian subcontinent and the Middle East.

During the period under review—FY18-FY22—for computing the list of fastest growing companies, UltraTech Cement’s income posted a CAGR of more than 13 per cent while its profit-after-tax (PAT) grew at more than 34 per cent thus cementing its place at the second position in the Super Heavyweight category in this years Fastest Growing Companies, the annual study by BW Businessworld.