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Ultratech Cement Q1 Sales Up By 20% YoY

Jul 3, 2023

By: BlinkX Research Team

According to UltraTech Cement sales increased 20% YoY in the June quarter to 28.60 million tonnes (mt), as compared to 23.83 mt in the same period the previous year.

However, Grey cement sales volume came 5% lower than the 30.02 mt logged in the March quarter, indicating a decline in the nation's overall economic activity.

Total consolidated sales volume rose by 20% to 29.96 mt, but decreased by 5% from one quarter to the next. It utilised 90% of its available capacity.

Sales of white cement decreased 13% from quarter to quarter, although they grew 12% year over year (YoY) to 0.41 mt.

According to the business, sales of cement abroad increased 11% YoY to 1.04 mt but decreased 20% QoQ.

Grey cement production capacity at UltraTech is 135.55 mtpa. It has eight bulk packaging terminals, 29 grinding machines, one clinkerization unit, and 23 integrated production units.

Source: Media reports