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Debt down 55%, EBITDA positive: Is the India Cements run sustainable?
UltraTech’s takeover of India Cements is driving...
- 06 Oct, 2025
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Sports
UltraTech’s takeover of India Cements is driving a rapid transformation. Debt is down 55%, and Q1 FY26 EBITDA has turned positive. A Rs 1,500 crore green power capex aims to push EBITDA to Rs 1,000 per tonne by FY28. The question now: can the turnaround withs…
Rahul RaoThe Indian Express