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UltraTech Cement reports 38% fall in Q3 consolidated net profit

21 Jan 2023 Evaluate

UltraTech Cement has reported results for third quarter ended December 31, 2022.

The company has reported fall of 39.06% in its net profit at Rs 994.23 crore for Q3FY23 as compared to Rs 1,631.50 crore for the corresponding quarter previous year. However, total income of the company increased by 20.56% to Rs 15,166.23 crore for the quarter under review as compared to Rs 12,579.45 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported fall of 37.87% in its net profit at Rs 1,062.58 crore for Q3FY23 as compared to Rs 1,710.14 crore for the same quarter in the previous year. However, total income of the company increased by 19.85% to Rs 15,647.52 crore for the quarter under review as compared to Rs 13,055.43 crore for the same quarter in the 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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