Ultratech Cement has posted a consolidated net profit of Rs 759 crore for the September quarter of 2022.
Ultratech Cement Limited, the country’s largest cement producer, has released its September quarter financial results. Ultratech Cement has posted a consolidated net profit of Rs 759 crore for the September quarter of 2022. This is 42 percent lower than in the September 2021 quarter. In that quarter, Ultratech Cement had made a total net profit of Rs 1,310 crore.
In the September quarter of 2022, Ultratech Cement reported a total revenue of Rs.13,893 crore. This is 16 percent higher than the same quarter last year. In the September quarter of 2021, Ultratech Cement had generated a total revenue of Rs.12,017 crore. As of end-September 2022, Ultratech Cement’s net debt rose to Rs 8,357 crore.
At the close of trading on the Mumbai Stock Exchange yesterday, the stock price of Ultratech Cement was up 0.89 per cent to 6,397.55 from the previous trading day.