UltraTech Cement Q1 PAT rises 7% to Rs 1,688 cr
Aditya Birla group firm UltraTech Cement on Friday reported a 7 per cent rise in its consolidated profit after tax (PAT) to Rs 1,688 crore for the first quarter ended June 2023, aided by robust sales in the domestic market.
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New Delhi Aditya Birla group firm UltraTech Cement on Friday reported a 7 per cent rise in its consolidated profit after tax (PAT) to Rs 1,688 crore for the first quarter ended June 2023, aided by robust sales in the domestic market.
The company had posted a PAT of 1,584 crore in the April-June quarter of the last fiscal. Its net sales rose to Rs 17,519 crore in the first quarter compared to Rs 15,007 crore in the year-ago period, UltraTech Cement said in a regulatory filing. The company said it continues to deliver strong growth quarter after quarter, achieving a 20 per cent expansion during the June quarter. During the April-June period, the company achieved capacity utilisation of 89 per cent against 83 per cent during the first quarter of FY23, it said.
