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Ultratech Cement s Q3 consolidated PAT drops by 38% YoY to ₹1,058 cr, revenue rises on strong volumes

In Q3FY23, the company s domestic grey cement sales volume rose 13% YoY and 12% QoQ, respectively. Energy and raw material costs were up 33% and 13% YoY, while they remained flat on a sequential basis. Also, the company achieved capacity utilisation of 83% as against 75% during Q3FY22.

Q3 earnings I UltraTech Cement posts robust Q3: Strong volume growth, brokerages bullish

Updated Jan 25, 2021 | 10:25 IST Ultratech Cement posted a robust set of results for Q3, with the company beating street estimates by a handsome margin. Kumar Mangalam Birla Chairman, UltraTech Cement Limited  |  Photo Credit: IANS Key Highlights CLSA: Q3 meaningfully ahead of estimates but cost pressure looms MS: Like UTCEM as a play on cement demand recovery cycle Ultratech Cement posted a robust set of results for Q3, as the company beat street estimates by a handsome margin. Here are the key highlights from Ultratech earnings this time. Consolidated Q3 numbers were a good set all above: revenues were up 17.4% YoY at Rs 12,254 cr as compared to Rs 10,439 cr in the same quarter last year. 

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