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Q3 Results Today Live: Federal Bank Q3 profit rises, Reliance, Wipro, Tech Mahindra, Polycab India, L&T Finance, Sobha, JB Chemicals to announce Q3 results, Infosys shares soar
… EPC Irrigation, Kesoram Industries, Emerald Finance , Chembond Material Technologies, Neptune … Key Corporation, Mapro Industries, Viji Finance , and Tree House Education and … of India, Federal Bank, Geojit Financial Services, JB Chemicals & Pharmaceuticals …
cityfalcon.com·3mo ago
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Frontier to buy B K Birla group co Kesoram
India Business News: Kolkata: 106-year-old Kesoram Industries, once the flagship of the B K Birla group, is being acquired by Frontier Warehousing, a city-based storage an.
cityfalcon.com·4mo ago
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Frontier Warehousing set to acquire 106-yr-old Kesoram
Kolkata: The 106-year-old Kesoram Industries, once the flagship of the BK Birla Group, and the company with which the legendary BK Birla started his i.
cityfalcon.com·4mo ago
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UltraTech lines up Rs 10,000 cr capex for FY26
Cement maker UltraTech, which expects around 7 per cent growth in FY26, has allocated up to Rs 10,000 crore as capex to bolster its capacity as well as energy and efficiency initiatives, according to the company's latest annual report. The Aditya Birla group firm recently acquired South-based India Cements and the cement business of Kesoram Industries, and added 26.3 MTPA of grey cement capacity to its portfolio. It has planned an organic capacity addition of 28.8 MTPA by FY27. UltraTech, which crossed the Rs 75,000 crore revenue mark in FY25 and is now very close to 200 MTPA (million tonnes per annum) capacity, anticipate a reduction in "net debt to EBITDA ratio", helped by a higher volume growth and improving margins. "Although our net debt to EBITDA (pre-tax profit) ratio rose to 1.33x in March 2025, we anticipate higher volume growth and an improving EBITDA profile to reduce this rapidly," its Managing Director K C Jhanwar said while addressing the shareholders. Like other cement makers, UltraTech also faced a lowered sales realisation amidst tepid demand conditions last year, which marginally declined its EBITDA (earnings before interest, taxes, depreciation and amortisation) compared with FY24.
cityfalcon.com·8mo ago
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UltraTech Shares Dip As Margin Pressures Offset Strong Revenue Growth
The cement maker's shares fell after Q4 results, showing strong volume-driven revenue growth but rising input costs and weaker prices.
Stocktwits·11mo ago
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UltraTech Cement shares in focus as Co to acquire Wonder WallCare for Rs 235 crore
UltraTech Cement plans to acquire Wonder WallCare for up to Rs 235 crore to expand its value-added product portfolio. The move strengthens its position in the putty market with a high-capacity plant in Rajasthan. The acquisition aligns with UltraTech’s broader strategy of capacity expansion, following recent stakes in Star Cement, India Cements, and Kesoram Industries.
cityfalcon.com·1y ago
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