MUMBAI: UltraTech Cement posted a 35% improve in quarterly profit to Rs 2,259 crore on the again of decrease enter prices and better quantity development. Revenue climbed 9% to Rs 20,419 crore in Q4 FY24.
India’s largest cement firm’s imported gas consumption value was 13% decrease than the year-ago interval, whereas it recorded a quantity development of 11%. Its capability utilisation stood at 98%.UltraTech’s net debt elevated by Rs 77 crore on the finish of March 31, after it had spent over Rs 9,400 crore on capital expenditure.
It plans to increase its annual cement capability to 200 million tonne, together with its abroad capability of 5.4 million tonne, from 153 million tonne. It has introduced the acquisition of a grinding unit in Parli from India Cements.
India’s largest cement firm’s imported gas consumption value was 13% decrease than the year-ago interval, whereas it recorded a quantity development of 11%. Its capability utilisation stood at 98%.UltraTech’s net debt elevated by Rs 77 crore on the finish of March 31, after it had spent over Rs 9,400 crore on capital expenditure.
It plans to increase its annual cement capability to 200 million tonne, together with its abroad capability of 5.4 million tonne, from 153 million tonne. It has introduced the acquisition of a grinding unit in Parli from India Cements.
