Ultratech Cement Q3 Results January 24, 2025: Profit down 17.3% with profit of Rs 14,695 crore on revenue of Rs 1,71,933 million

Ultratech Cement Q3 Results January 24, 2025: Profit down 17.3% with profit of Rs 14,695 crore on revenue of Rs 1,71,933 million

2025-01-24 10:50:00 :

Ultratech Cement Q3 Results 2025: On January 23, 2025, Ultratech Cement announced their third quarter results, which showed a different performance for the quarter. The company reported profits 1,469.5 crore, representing a year-on-year decline of 17.3%, while the top line grew by 2.71% to reach 2.71% 17193.33 Crore.

Ultratech Cement’s revenue grew significantly by 9.97% compared to the previous quarter, with an impressive profit growth of 79.2%. Despite the overall profit decline, the quarter’s performance underscored the company’s ability to recover from previous setbacks.

However, selling, general and administrative expenses rose 3.64% in the first quarter (QOQ) and 6.18% year-on-year, which may have contributed to the profit decline. Furthermore, QOQ of operating income was reported to have increased by 76.81%, although it faced a year-over-year decrease of 20.26%.

Earnings per share (EPS) for the third quarter stood at 50.99, a year-on-year decrease of 17.24%. Despite these challenges, Ultratech Cement has managed to deliver a return of 7.38% over the past week, despite a slight decline of -0.18% over the past 6 months, ageing -0.05%.

As of January 24, 2025, Ultratech Cement had a market capitalization of 3,290,987 million, 52-week high 12145.35 and lows 9250. Sentiment varies among analysts, with 1 analysts assigning a strong sell rating, 1 rating it a sell, 6 recommending a hold, 17 recommending a buy and 12 issuing a strong buy rating.

As of January 24, 2025, the consensus recommendation is Buy, indicating general optimism about the company’s future performance despite recent quarterly challenges.

Ultratech Cement Finance

periodQ3 (FY25)Q2 (FY25)QOQ growthQ3 (FY24)annual growth
total revenue17193.3315634.73+9.97%16739.97+2.71%
Total Selling/General/Administrative Expenses4661.24497.37+3.64%4389.83+6.18%
Depreciation/Amortization916.73903.85+1.43%783.48+17.01%
total operating expenses15222.9714520.31+4.84%14268.88+6.69%
operating income1970.361114.42+76.81%2471.09-20.26%
net income before taxes1831.521016.58+80.16%2355.17-22.23%
net income1469.5820.04+79.2%1776.98-17.3%
Diluted normalized EPS50.9928.43+79.35%61.61-17.24%
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Disclaimer: This is an AI-generated live blog and has not been edited by Livemint staff.

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