Q3FY23 Quarterly Result Announced for UltraTech Cement Ltd.
UltraTech Cement announced Q3FY23 results: Q3FY23: Domestic sales volume grew 13% with capacity utilization of 83%. Operating EBITDA improved to Rs 900/Mt from a low of Rs 812/Mt in the last quarter. Commissioned cement capacity of 5.5 mtpa, taking the total grey cement capacity of the Company to 121.35 mtpa in India. Ready Mix Concrete (RMC) revenue grew by 50% YoY. Premium products contributed to 18.8% of trade sales volume. Green power mix increased to 19.8% with WHRS capacity of 208 MW and renewable power capacity of 325 MW. Consolidated net debt reduced to Rs 7,722 crore in December 2022 from Rs 8,357 crore in September 2022. Result PDF23-01-2023
