UltraTech Cement Sales Up 4%

UltraTech Cement Reports Cement Sales Up 4% and Profit Down 4% for Q2

Aditya Birla Group's UltraTech Cement, on a standalone basis reports for the September quarter:

Profits at Rs.394 crore as against Rs.410 crore for the corresponding period last year, down by 4%.
Sales at Rs.5621 crore as against Rs.5379 crore for the corresponding period last year, up by 4%.

The consolidated figures for the September quarter are a three per cent increase in net profit at ₹427 crore as against ₹414 crore for the corresponding period last year. Sales were up four per cent at ₹5,951 crore as against ₹5,720 crorefor the corresponding period last year.

The combined cement and clinker sales were up marginally at 11.51 MT as against 11.17 MT, while that of white cement and wall putty increased to 3.22 lakh tonnes as against 2.99 lakh tonnes.

During the September quarter, the company commissioned 1.6 MPTA cement grinding unit at Jhajjar in Haryana and 1.6 MPTA cement grinding unit at Dankuni in West Bengal. With this the cement capacity increased to approx. 65 MPTA. The company also commissioned a 2 MPTA cement bulk terminal in the rural area of Pune, Maharashtra.

Stewart D'Rozario, Cement Consultant from newspaper reports.