With this, the units grinding capacity has increased to 4.7 mtpa.

The cement major said that this additional capacity will help the company to service the fast-growing cement demand in the East region and will also help to increase its blended cement ratio.

The company's total grey cement manufacturing capacity in India now stands at 129.15 mtpa.

UltraTech Cement is the cement flagship company of the Aditya Birla Group. It is the third largest cement producer in the world, outside of China, with a consolidated Grey Cement capacity of 126.75 mtpa.

The cement major's consolidated net profit (from continuing operations) tumbled 38.03% to Rs 1,058.20 crore in Q3 FY23 as against Rs 1,707.72 crore posted in Q3 FY22. Revenue from operations jumped 19.5% to Rs 15,520.93 crore in the quarter ended 31 December 2022 from Rs 12,984.93 crore recorded in the same period a year ago.

Shares of UltraTech Cement shed 0.32% to Rs 7,493.25 on the BSE.