UltraTech Cement s revenue from operations rose 7.85 per cent to Rs 16,739.97 crore during the period. It was Rs 15,520.93 crore in the corresponding period a year ago.
UltraTech Cement posted its highest ever quarterly net profit of ₹1,777 crore in Q3 FY24, an increase of 68% compared to a net profit of ₹1,058 crore in the same period last year. In the preceding quarter (Q2FY24), the company posted a net profit of ₹1,281.45 crore.
UltraTech Cement will seek legal recourse to contest the above order since the differential duty with interest was already deposited, but has not been taken cognizance of by the authority.
Ultratech Cement s total consolidated income stood at Rs 16,179.26 crore in Q2 FY24, a growth of 15.25 per cent from Rs 14,038.95 crore it recorded in the similar quarter last year.