 "ultratech, cement, Dalmia")
The disruption caused by the lockdown took a toll on UltraTech’s March quarter (Q4) domestic sales, which declined 16.1 per cent year-on-year (YoY). However, better realisations and lower costs lifted overall performance.
Though UltraTech is a pan-India cement producer, having raised considerable capacities in the northern and central regions, as well as Gujarat, has helped the firm tide over weakness in cement prices, in other regions.
Per-tonne realisation improved 3 per cent YoY and 1.2 per cent sequentially. Consequently, revenues at Rs 10,200 crore from domestic operations fell by a lower margin of 13 per cent (against volumes) YoY.
Strong cost control, lower
