UltraTech Cement FY23 Production Grows By 12.4% To 105.7 Million Tonnes

Leading cement maker UltraTech's consolidated sales rose by 12.4 per cent to 105.7 million tonnes (MT) in FY2022-23, Aditya Birla group firm said in a regulatory filing on Saturday.

The company produced 94 MT of cement in FY22.

Its total sales volume in the domestic market also crossed 100 MT for the financial year that ended on March 31, 2023.

UltraTech's total sales volume for the India market in FY23 was at 101.7 MT, up 13.63 per cent compared to 89.5 MT a year ago.

"We are pleased to inform the company has achieved 100 million tonnes of production, despatches and sales in FY23," it said.

Its grey cement production in the domestic market was at 100.1 MT in FY23, reporting 13.75 per cent growth while its white cement production was 1.5 MT, up 11 per cent.

UltraTech's overseas production, mainly grey cement was 4.4 MT in FY23.

For the fourth quarter that ended on March 31, 2023, UltraTech's total consolidated sales volume was at 31.7 MT and its India volume was at 30.5 MT.

UltraTech has a consolidated capacity of 132.35 million tonnes per annum (MTPA) of grey cement. It has 23 integrated manufacturing units, 29 grinding units, one clinkerisation unit and eight Bulk Packaging Terminals.

It is the third largest cement producer in the world, excluding China.