Skip to main content

UltraTech Cement quarterly results: What should investors do

 UltraTech Cement on Friday reported net profit of Rs 1,582 crore for the quarter ended June 2022 (Q1FY23), 7.45 per cent lower than Rs 1,700 crore in the same quarter of last year. However, the bottomline managed to beat analyst expectations of Rs 1,214 crore.

UltraTech’s revenue was higher in the quarter under review at Rs 15,163.98 crore as against Rs 11,829.84 crore reported in Q1 of FY22. Revenue figure also managed to beat the Street as an ET NOW poll had estimated the figure at Rs 14,238 crore. The top line was higher by 22 per cent on a YoY basis.

UltraTech Cement quarterly results

Net Sales Turnover13481.9814715.4815167.5412470.6211548.37
Other Income164.54166.13144.79108.83141.80
Total Income13646.5214881.6115312.3312579.4511690.17
Stock Adjustments-294.75-89.56151.90-38.85-181.41
Raw Material Consumed1937.161945.321989.141646.841441.66
Power and Fuel3902.57.003594.84.00.00
Employee Expenses644.49595.36586.40599.36629.47
Administration and Selling Expenses.
Research and Development Expenses.
Expenses Capitalised.
Other Expenses5576.549334.995902.338041.807058.65
Provisions Made.
TOTAL EXPENSES11766.0111786.1112224.6110249.158948.37
Operating Profit1715.972929.372942.932221.472600.00
Profit and Loss for the Year718.371554.022453.891631.501300.09
Extraordinary Items.
Prior Year Adjustment.
Other Adjustment.
Reported PAT718.371554.022453.891631.501300.09
Reserves Written Back.
Equity Capital288.67288.67288.67288.66288.66
Reserves and Surplus.
Equity Dividend Rate.
Agg. Non-Promoter Share(Lakhs).
Agg. Non-Promoter Holding(%).
Government Share.
Capital Adequacy Ratio.

Rs (in Crores)

The Aditya Birla Group firm said its existing expansion program is on track and estimated to be completed by the end of FY23.

“Work on further capex announced during the quarter has already commenced and commercial production from these new capacities is expected to go on stream in a phased manner by FY25. Upon completion of the latest round of expansion, the Company’s capacity will grow to 159.25 mtpa, reinforcing its position as the third largest cement company in the world, outside of China,” it said in a release.

UltraTech said while headwinds arising out of rising cost pressure could put some pressure on the profitability of cement companies, the strong momentum in housing and given the government’s thrust on infrastructure and industrial development, the cement industry in India is set to see an upswing in demand in FY23.

The cement major achieved capacity utilisation of 83 per cent as against 73 per cent during Q1. Domestic sales volume grew 19 per cent on a year-on-year basis.

“After a strong end to FY22, cement demand was impacted by overall inflationary trends and lower labour availability in May 2022. However, cement demand picked up in June 2022 on pre-monsoon construction activity,” the company said.

The June quarter saw a YoY volume growth of 17 per cent and revenue growth of 34 per cent YoY. Its raw material cost increased 13 per cent on a YoY basis.


Popular posts from this blog

How to Optimize PC for Gaming

  I am a big fan of computer gaming. I really found it addicting and I find myself spending hours upon hours on it. The problem is that because of this, my PC has been having some problems lately.  Despite having a powerful CPU and graphics card, there have been times where my screen goes black for about 30 seconds, or it takes me 10 minutes to start up the game. These issues are very frustrating as I know how important gaming is to many gamers out there.  In order to resolve this problem, I am going to show you ways to optimize your PC and make playing games more enjoyable. 7 Tips to Optimize PC for Gaming 1. Activate gaming mode Gaming on Windows is already simple and convenient. Microsoft is aware of the popularity of PC gaming. Windows still requires some standard changes to improve performance, one of which is game mode. This option controls how system resources are used so that games run more smoothly. To activate Game Mode, press the Start button on your keyboard, type Game, and

Adobe Premiere Pro: Features, Requirement, and How to use

  Adobe Premiere Pro is a professional   video editing software   developed by Adobe Systems and is part of the Adobe Creative Cloud software suite. It is widely used by video editors, filmmakers, and YouTubers to create high-quality content. Premiere Pro allows you to import and organize footage, edit video, add audio and special effects, color correct footage, and export your final video. It supports a wide variety of video and audio formats, as well as the ability to work with other Adobe software such as After Effects and Photoshop. Adobe Premiere Pro Features Some of the key features of Adobe Premiere Pro include: Non-Linear Editing: Allows you to edit your footage on a timeline, giving you the flexibility to make changes to any part of the video at any time. Multi-Cam Editing: Enables you to synchronize and edit footage from multiple cameras in real-time. Motion Graphics: Allows you to create and edit motion graphics and visual effects. Audio Editing: Gives you the ability to edi

Should you login to other websites using Facebook or Google?

If you’re looking to create a new account for your website, you probably have the option of using your existing   Facebook ,   Google , or other account as your login. This method is commonly known as single sign-on (SSO). Facebook and Google connections are the most common services, but there are also services that add Apple, Twitter, and   LinkedIn   accounts. The question is, should I use one of my existing accounts to log into this new site, or should I go to the trouble of creating a new account with my email address? Sign up for new services very quickly using the single sign-on method. However, we have no control over the information shared when your account is activated. Your social media credentials will likely provide your email address, name, profile picture, etc. to the app, and may have access to personal information such as your date of birth and phone number. Ultimately, what gets shared depends on the policies of both the account you already have and the account you sig