Ultratech Cement reported results for fourth quarter (Q4) and year ended March 31, 2023.
The company has reported 32.75% fall in its net profit at Rs 1650.26 crore for the quarter under review as compared to Rs 2453.89 crore for the same quarter in the previous year. However, total income of the company increased by 19.65% at Rs 18321.57 crore for Q4FY23 as compared to Rs 15312.33 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 36.10% fall in its net profit at Rs 1670.10 crore for fourth quarter ended March 31, 2023 as compared to Rs 2613.75 crore for the same quarter in the previous year. However, total income of the company increased by 18.44% at Rs 18783.89? crore for Q4FY23 as compared to Rs 15859.67 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 30.42% fall in its net profit at Rs 4916.88 crore as compared to Rs 7066.54 crore for the previous year. However, total income of the company increased by 20.95% at Rs 62015.93 crore for year under review as compared to Rs 51275.29 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported 30.83% fall in its net profit at Rs 5073.40 crore as compared to Rs 7334.26 crore for the previous year. However, total income of the company increased by 20.03% at Rs 63743.06 crore for year under review as compared to Rs 53106.64? crore for year ended March 31, 2022.