Ultratech Cement’s Q2FY25 Results
Ultratech Cement’s revenue fell 2% YoY
- 23 Oct 2024
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- Ultratech Cement reported a 13% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter ended Sept (Q2FY25). On a year-on-year (YoY) basis, it witnessed a decline of 2%.
- Its expenses for the quarter were down by 8% QoQ and up by 2% YoY.
- The net profit decreased 51% QoQ and 36% YoY.
- The earnings per share (EPS) of Ultratech Cement stood at 28.4 during Q2FY25.
Ultratech Cement’s Financial Statements for Q2FY25:
| (₹ crores) | Q2FY24 | Q1FY25 | Q2FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total income | 16,179 | 18,235 | 15,855 | -13% | -2% |
Total expenses | 14,493 | 16,128 | 14,837 | -8% | 2% |
Profit before tax | 1,690 | 2,142 | 1,017 | -53% | -40% |
Tax | 409 | 447 | 191 | -57% | -53% |
Profit after tax | 1,280 | 1,695 | 825 | -51% | -36% |
Earnings per share | 44.4 | 58.8 | 28.4 |
Financials:
- Domestic sales volume grew 3% yoy.
- Blended manufacturing cost per mt reduced by 4% yoy for domestic operations.
- Domestic operating EBITDA/Mt of ₹732, was lower by ₹224/Mt yoy.
- UAE-based ‘Ras Al Khaimah Co. for White Cement and Construction Materials PSC’ (RAKWCT), has become a subsidiary wef 10th July, 2024.
- Green Power Mix was 32%, an improvement of 47% yoy, includes WHRS power mix of 18.4% and RE Power Mix of 13.5%.
- Premium product mix was 23.4%, up 8% yoy.
- UBS outlets increased to 4,236 contributing 19.4% of domestic grey sales volume.
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
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