UltraTech Cement Results Earnings Call for Q3FY24
Conference Call with UltraTech Cement Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript.19-01-2024
19-01-2024
Q3FY24 Quarterly Result Announced for UltraTech Cement Ltd.
UltraTech Cement announced Q3FY24 results: Financial Highlights: Consolidated Net Sales: Increased to Rs 16,487 crore, up from Rs 15,299 crore in the same quarter of the previous year. Profit After Tax (PAT): Consolidated PAT saw a significant rise to Rs 1,777 crore, which is a 68% increase from Rs 1,058 crore in Q3FY23. Standalone Financials: Standalone Net Sales were Rs 15,925 crore compared to Rs 14,792 crore in Q3FY23. Standalone PAT grew from Rs 994 crore to Rs 1,697 crore. Operational Highlights: Grey Cement Sales Volume: Domestic sales volume rose by 5% YoY and 1% QoQ. Efficiency and Cost: Improved operational efficiencies, along with lower fuel and raw material costs, led to better EBITDA margins. Sustainability Highlights: Green Mobility Initiative: Introduction of electric trucks for transporting clinker and a pledge to introduce 500 electric and 1,000 CNG/LNG vehicles by June 2025. Renewable Energy: 24% of the Company's power needs are met through green power sources, with the addition of 26 MW of solar power in the quarter. Capital Expenditure (CAPEX) and Expansion: Acquisition: Cement grinding asset in Jharkhand was acquired from Burnpur Cement Limited. Capacity Expansion: Completion of the first phase of expansion; the second phase of adding 22.6 mtpa is ahead of schedule. Future Growth: For the 3rd phase of expansion (21.9 mtpa), significant orders are placed, and civil work has started at several locations. Kesoram Industries Acquisition: Regulatory applications were submitted for the acquisition of 10.75 mtpa cement assets of Kesoram Industries. Outlook: Positive outlook due to government focus on infrastructure and rising demand for urban housing. Cement sector is expected to demonstrate strong growth in the coming years. Result PDF19-01-2024
ULTRATECH CEMENT LTD. - 532538 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor presentation for the quarter ended 31st December, 2023.19-01-2024
ULTRATECH CEMENT LTD. - 532538 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor presentation for the quarter ended 31st December, 2023.19-01-2024
ULTRATECH CEMENT LTD. - 532538 - Unaudited Financial Results For Quarter Ended 31St December, 2023.
Unaudited financial results for quarter ended 31st December, 2023.19-01-2024
ULTRATECH CEMENT LTD. - 532538 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation regarding Loss of share certificate under Regulation 39(3) of SEBI LODR Regulations17-01-2024
ULTRATECH CEMENT LTD. - 532538 - Announcement under Regulation 30 (LODR)-Acquisition
Incorporation of Wholly-owned Subsidiary of UltraTech Cement Limited viz. Letein Valley Cement Limited.16-01-2024
UltraTech Cement Q3 Preview: Better Realisations, Lower Fuel Costs To Boost Profit
Net profit of the Aditya Birla Group's cement manufacturing company may jump 76% year-on-year to Rs 1,856.8 crore in the OctoberDecember period, according to Bloomberg consensus estimates.16-01-2024
ULTRATECH CEMENT LTD. - 532538 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation regarding loss of share certificate under Regulation 39(3) of SEBI LODR Regulations12-01-2024
ULTRATECH CEMENT LTD. - 532538 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Information regarding issuance of Letter of Confirmation in lieu of share certificate lost12-01-2024