UltraTech Cement Q1FY24 Results: Consolidated PAT of Rs. 1688.45 Cr

UltraTech Cement Q1FY24 Results: Consolidated PAT of Rs. 1688.45 Cr

UltraTech Cement Q1 results show revenue fell from 18,783.89 crores to 17,910.83 crores, a -4.65% decrease in growth. EPS rise from ₹57.75 to ₹58.53, up by 1.35%.

First, Let’s Begin with Quarter-on-Quarter Basis:

UltraTech Cement shared its Q1 results on Friday. They earned 17,910.83 crores in revenue this quarter, but that’s less than the 18,783.89 crores they made last quarter. Unfortunately, the company’s growth decreased by -4.65 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 1688.45 crores, up from 1665.95 crores in the previous quarter. Their quarter-to-quarter growth increased by 1.35 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹58.53, which is an increase of 1.35% from the ₹57.75 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 17,910.83 crores this year (2023), which is 17.27 percent higher than last year’s total revenue of 15,272.70 crores.

This year’s PAT (Profit After Tax) is 1688.45 crores, which is also 6.59% higher than last year’s PAT of 1584.08 crores.

The EPS (Earnings Per Share) for this year is ₹58.53, which is 6.59% more than the EPS of ₹54.91 earned last year.

Also Read: Atul Ltd Q1FY24 Results: Consolidated PAT Rises to Rs. 103.35 Cr

UltraTech Cement Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About UltraTech Cement :

Ultra Tech Cement Ltd. is a prominent producer of a diverse range of cement products. This company originated from the cement operations of Larsen & Toubro, which were later spun off to form a separate entity. Grasim Industries holds a majority interest in this new entity.

Download the Full PDF of UltraTech Cement Q1 Results: Click Here

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