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Ultratech Cement reports 35% rise in Q4 consolidated net profit
Apr-29-2024

Ultratech Cement has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 35.84% rise in its net profit at Rs 2251.95 crore for the quarter under review as compared to Rs 1657.78 crore for the same quarter in the previous year. Total income of the company increased by 9.29% at Rs 19960.14 crore for Q4FY24 as compared Rs 18263.49 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 35.24% rise in its net profit at Rs 2258.58 crore for fourth quarter ended March 31, 2024 as compared to Rs 1670.10 crore for the same quarter in the previous year. Total income of the company increased by 9.43% at Rs 20554.55 crore for Q4FY24 as compared Rs 18783.89 crore for the corresponding quarter previous year. 

For the year ended March 31, 2024, the company has reported 39.45% rise in its net profit at Rs 6904.87 crore as compared to Rs 4951.49 crore for the previous year. Total income of the company increased by 12.24% at Rs 69302.78 crore for year under review as compared to Rs 61741.82 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 38.05% rise in its net profit at Rs 7003.96 crore as compared to Rs 5073.40 crore for the previous year. Total income of the company increased by 12.20% at Rs 71525.09 crore for year under review as compared to Rs 63743.06 crore for year ended March 31, 2023.

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