A new study argues the cement industry could dramatically cut emissions by switching raw materials. Instead of limestone, scientists propose using carbon-free, calcium-rich silicate rocks like basalt. Because limestone must be heated above 1,500°C—releasing large amounts of CO2—basalt-based production could cut emissions by more than 80% in theory, and by over 25% even with today’s fossil-fuel-heavy energy. The research also suggests existing technologies could enable the change, producing standard Portland cement.
Indian cement companies are scaling back growth forecasts as fuel, packaging, and logistics costs squeeze margins. Firms expect slower demand growth this fiscal year, and say price hikes may not fully offset the rise in expenses. Some are postponing capacity expansion plans, with geopolitical shocks and uncertain monsoon conditions adding to the pressure.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Adani Group has kicked off work on a massive cement grinding unit in Guna, Madhya Pradesh, with Pranav Adani announcing an investment of ₹1,060 crore at the Bhoomi Pujan. The project traces back to a commitment made by Chairman Gautam Adani at the Global Investors Summit. Adani says the wider plan includes ₹110,000 crore across sectors like cement and mining to drive MP’s expansion.
Shree Cement reported Q4 consolidated PAT of Rs 526 crore, down 8% YoY, despite revenue growing 10% to Rs 6,101 crore. The company declared a Rs 70 per share dividend. While profitability dipped year-on-year, volume gains and expanding RMC operations helped improve performance sequentially, signaling resilience beneath the headline numbers.
A high court-appointed panel has flagged two cement companies in Meghalaya for allegedly transporting over 2.93 lakh metric tonnes of coal without mandatory approvals. The committee says the coal movement lacked essential documents and weekly returns, suggesting a serious breach of state norms. It recommends tougher enforcement and improved tracking to prevent illegal coal movement across Meghalaya.
UltraTech Cement has won a trademark battle in the Bombay High Court, which barred Shiv Cement Co. from using the “UltraPlus” and “UltraHiTouch” brands. The court ruled the rival’s trademarks were confusingly similar to UltraTech’s well-known products. Shiv Cement Co. has been ordered to pay Rs 50 lakh in compensation plus Rs 16.48 lakh toward legal costs.
Never miss a story
Set alerts for the topics and sources you care about. Download Beige for free.
UltraTech Cement has reported record quarterly profit and strong sales growth, driven by efficiency gains from integrating India Cements and Kesoram Industries assets. Improved margins and higher realisations further supported earnings. The company also announced a ₹240 per share payout and signalled continued capex-led expansion, betting on scale benefits from recent acquisitions.
UltraTech Cement reported a 20% year-on-year jump in Q4 net profit to Rs 2,983 crore, highlighting strong momentum from capacity expansion and past acquisitions. The company also recommended a special dividend of Rs 240 per share, rewarding shareholders alongside record profits. With a standout financial year, UltraTech signals continued execution of its long-term growth strategy.
India’s cement industry is gearing up for infrastructure and housing demand, and some companies are improving earnings through cost efficiencies. But investors are watching a tougher reality: supply capacity is growing faster than demand, keeping pricing under pressure. The result is a persistent mismatch risk, leaving cement stocks lagging despite the construction boom.
UltraTech Cement has crossed 200 million tonnes of production capacity in India, reinforcing its dominance in the local market. The milestone also cements its position as the world’s largest cement producer outside China. With expansion underway, the company is targeting 240 million tonnes by FY28, signaling aggressive growth despite a competitive sector.
Reading on mobile?
Open Beige in the app for a smoother experience — free on iOS and Android.
Swipe through stories, personalise your feed, and save articles for later — all on the app.