UltraTech Cement Q4 FY22 Results Update

UltraTech Cement Q4 FY22 Results Update

by Shreya Anaokar Last Updated: Dec 14, 2022 - 10:09 pm 29k Views

On 29th April 2022, UltraTech announced its quarterly results for the last quarter of FY2022.

Key Highlights:

- UltraTech Cement’s net profit increased 38% YoY to Rs 2,453.9 crore in the three months ended March.

- The company reported a current tax credit of Rs.137 crore and a deferred tax reversal of Rs.41 crore on a standalone basis in the quarter ended March.

- The company’s revenue rose by 8.6% to Rs.15,167.5 crore, against the Rs.15,051.4-crore forecast. 

- The operating profit declined by 16.2% to Rs.2,943.3 crore, compared with the estimated Rs.2,822.4 crore because of a 48% jump in energy costs, with prices of pet coke and coal doubling during the period. 

- The EBITDA margin contracted to 19.4% from 25.1% a year ago (Q4FY21).

- Other income jumped to Rs.145 crore from Rs.84 crores

- The company reported 47.6 percent YoY growth in consolidated net profit at Rs.2,620 crore for the quarter ending 31 March 2022

- The company's net sales rose 9.3 percent YoY to Rs.15,557 crore in the quarter under review from Rs.14,232 crore in the same quarter last fiscal. 
 

The company’s board has recommended a dividend of Rs.38 per share, aggregating to Rs 1,097 crore

Start Investing in 5 mins*

Get Benefits worth Rs. 5100 | Rs. 20 Flat Per Order | 0% Brokerage

 

Shares of UltraTech gained 0.14% after the results were announced compared with a 0.98% decline in the benchmark Nifty 50.

 


How do you rate this article?

Fill in your details below:

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

About the Author

Shreya Anaokar is a Content Writer at 5paisa. She has completed her Master’s in Finance and Graduation in Statistics from the University of Mumbai. 

Disclaimer

Investment/Trading is subject to market risk, past performance doesn’t guarantee future performance. The risk of trading/investment loss in securities markets can be substantial. Also, the above report is compiled from data available on public platforms.

Open Free Demat Account

Resend OTP
Please Enter OTP
Account belongs to

By proceeding, you agree to the T&C.

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number