UltraTech Cement Q4 consolidated net declines 45% to Rs 1,775 crore

Net sales of the Aditya Birla Group company stood at Rs 14,405 cr in the final quarter of FY21, up 33% from same period last year on strong demand for the commodity

UltraTech Cement Ltd, flagship company of Aditya Birla Group, reported a higher-than-expected consolidated net profit of Rs 1,775 crore in March quarter, down 45 per cent from the corresponding period last year even as net sales jumped. The company reported consolidated net profit of Rs 3,243 crore in March 2020. 

Net sales of the Aditya Birla Group company stood at Rs 14,405 crore in the final quarter of FY21, up 33 per cent from same period last year on strong demand for the commodity.

As per Bloomberg estimates, the company’s topline was expected to be at Rs 13,460 crore, while