UltraTech Cement Q4 net profit up 35% to Rs 2,258.6 crore; sales up 9.5% to Rs 20,418 crore
The leading cement maker had posted a consolidated net profit of Rs 1,670.10 crore in the January-March quarter of the last fiscal, according to a regulatory filing from UltraTech.
UltraTech Cement Ltd on Monday reported a 35.24 per cent increase in consolidated net profit at Rs 2,258.58 crore for the fourth quarter ended March 31, 2024.
The leading cement maker had posted a consolidated net profit of Rs 1,670.10 crore in the January-March quarter of the last fiscal, according to a regulatory filing from UltraTech.
Its revenue from operations rose 9.41 per cent to Rs 20,418.94 crore during the period under review. It was at Rs 18,662.38 crore in the corresponding period a year ago.
UltraTech's total expenses in the March quarter stood at Rs 17,381.09 crore, up 6.67 per cent.
The total income of the Aditya Birla Group firm, which includes other income, was at Rs 20,554.55 crore, up 9.42 per cent in the March quarter.
Ultratech's consolidated sales volume was at 35.08 million metric tonnes (MT), up 11 per cent. In this grey cement was at 33.22 MT.
Its domestic sales grew 11 per cent year-on-year with capacity utilization of 98 per cent, in the January-March period, according to the company's earnings presentation.
For the financial year ended March 31, 2024, UltraTech Cement's net profit was up 38.05 per cent to Rs 7,003.96 crore. It was at Rs 5,073.40 crore a year ago.
Its total income 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 previous close.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SRH vs GT IPL 2024 Ticket Booking Online: Where and how to buy SRH vs GT tickets online - Check IPL Match 66 ticket price, other details
Top 7 SWP Mutual Funds: Rs 50 lakh investment, Rs 70K monthly pension for 10 years, and Rs 42.30 lakh balance value; know more details
RCB vs CSK IPL 2024 Ticket Booking Online: Where and how to buy RCB vs CSK tickets online - Check IPL Match 68 ticket price, other details
Gold and Silver rate today (May 13, 2024): Precious metal under pressure; yellow metal near Rs 72,400, white metal above Rs 84,600
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
TBO Tek IPO Listing LIVE Update: Bumper Debut! Share list at 55% premium - Buy, sell or hold? Check Anil Singhvi's view
04:34 PM IST