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Volume growth, realisations and cost controls help UltraTech beat estimates

Despite being twice the size of ACC, UltraTech's domestic sales volume at 18.52 million tonnes (MT) grew 20 per cent year-on-year

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UltraTech also saw average cement realisation improve 3 per cent year-on-year to Rs 4,874 a tonne

Ujjval JauhariAditi Divekar New Delhi
UltraTech Cement on Wednesday reported consolidated net profit of Rs 1,235 crore in the July-September quarter, more than double of Rs 578 crore reported in the corresponding period last year.

Consolidated profit after exceptional items, but before tax, of Rs 1,464.98 crore in the quarter was up 65 per cent from the same period last year as revenues increased and expenses declined.

The Aditya Birla Group company reported a consolidated top line of Rs 10,231 crore in the quarter gone by, up nearly 8 per cent from the corresponding period last year on demand pick up. 

Without the exceptional item
Topics : UltraTech

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First Published: Oct 21 2020 | 7:53 PM IST

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