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Improving profitability, lower debt to give strength to UltraTech Cement

Operating performance in Q4 was in line with estimates

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3 min read Last Updated : May 01 2023 | 8:01 PM IST

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UltraTech Cement’s results for the fourth quarter results of the 2022-23 financial year (Q4FY23) were broadly in line with the Street estimates. The consolidated revenue, operating profit and net profit stood at Rs 18,700 crore, Rs 3,300 crore and Rs 1,670 crore, respectively, which were up 18 per cent, 8 per cent and 13 per cent YoY, respectively.

For the cement major, the sales volume rose 14 per cent year-on-year (YoY) and 22 per cent quarter-on-quarter (QoQ) to 31.7 million tonnes. The ready mix concrete and white cement revenues grew 34 per cent and 22 per cent YoY, respectively, during

Topics : UltraTech Cement ACC Ultra Tech Company Ultra Tech

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