Aditya Birla Group’s UltraTech Cement Restricted on Friday stated it closed the third quarter of FY24 with a consolidated internet gross sales of Rs16,487 crore as towards Rs 15,299 crore over the corresponding interval of the earlier yr.
Revenue after tax was Rs 1,777 crore highest ever quarterly PAT as in comparison with Rs 1,058 crore in Q3FY23.
Throughout the quarter underneath evaluation, home gray cement gross sales quantity rose 5 per cent YoY and 1 per cent QoQ, respectively. Improved operational efficiencies, coupled with decrease gasoline and uncooked materials prices resulted in improved EBITDA margins, the corporate stated.
Throughout the quarter underneath evaluation, the corporate acquired a 0.54 mtpa cement grinding asset of Burnpur Cement Restricted, positioned at Patratu in Jharkhand for a consideration of Rs169.79 crore, marking its entry within the state of Jharkhand.