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HomeLatest NewsBusinessUltraTech Cement Q4 Results: Net Profit Jumps 35% to Rs 2,258.6 Crore,...

UltraTech Cement Q4 Results: Net Profit Jumps 35% to Rs 2,258.6 Crore, Revenue Rose 9.4% – Prime Time News24


Ultratech Cement has introduced its This autumn monetary outcomes.

UltraTech Cement’s income from operations throughout January-March 2024 rose 9.41 per cent to Rs 20,418.94 crore, in contrast with Rs 18,662.38 crore a yr in the past

UltraTech Cement Ltd on Monday reported a 35.24 per cent bounce in its consolidated web revenue to Rs 2,258.58 crore for the March 2024 quarter. Its income from operations throughout January-March 2024 rose 9.41 per cent to Rs 20,418.94 crore, in contrast with Rs 18,662.38 crore a yr in the past.

UltraTech Cement had posted a consolidated web revenue of Rs 1,670.10 crore within the January-March quarter of the final fiscal, in accordance with a regulatory submitting from UltraTech.

The main cement’s complete bills within the March quarter stood at Rs 17,381.09 crore, up 6.67 per cent.

The overall revenue of the Aditya Birla Group agency, which incorporates different revenue, was at Rs 20,554.55 crore, up 9.42 per cent within the March quarter. Ultratech’s consolidated gross sales quantity was at 35.08 million metric tonnes (MT), up 11 per cent. On this gray cement was at 33.22 MT.

Its home gross sales grew 11 per cent year-on-year with capability utilization of 98 per cent, within the January-March interval, in accordance with the corporate’s earnings presentation. For the monetary yr ended March 31, 2024, UltraTech Cement’s web revenue was up 38.05 per cent to Rs 7,003.96 crore. It was at Rs 5,073.40 crore a yr in the past.

Its complete revenue in FY24 was at Rs 71,525.09 crore, up 12.21 per cent. Shares of UltraTech Cement Ltd on Monday closed at Rs 9,984 on BSE, up 2.93 per cent from the earlier shut.

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