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UltraTech Cement reports 42% fall in Q2 consolidated net profit

19 Oct 2022 Evaluate

UltraTech Cement has reported results for second quarter ended September 30, 2022.

The company has reported a fall of 44.74% in its net profit at Rs 718.37 crore for the quarter under review as compared to Rs 1300.09 crore for the same quarter in the previous year. However, total income of the company increased by 16.74% at Rs 13646.52 crore for Q2FY23 as compared Rs 11690.17 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported fall of 42.10% in its net profit at Rs 758.70 crore for the quarter under review as compared to Rs 1310.34 crore for the same quarter in the previous year. However, total income of the company increased by 15.48% at Rs 14038.95 crore for Q2FY23 as compared Rs 12156.83 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Ultratech Cement 11081.00
Ambuja Cements 386.00
ACC 1236.75
Shree Cement 22337.15
Dalmia Bharat 1720.35
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