Market leader UltraTech Cement net profit grew 75% annually for the quarter ended September 30, on the back of improved sales and lower energy costs. Net profit for the quarter came in at Rs 1,232 crore as compared to Rs 703 crore in the same quarter last fiscal. Revenue for the quarter stood at Rs 19,371 crore, and was up 21.32% year on year.

Earnings before interest, taxation, depreciation and amortisation (EBITDA) at Rs 3,268 crore was, and up 45% annually. The cement firm’s operating EBITDA /Mt was up Rs 337/Mt annually at Rs 1,248/Mt. UltraTech’s consolidated sales volumes for the quarter came in at 33.85 million metric tonne, growing 6.9% year on year.

UltraTech achieved a growth of 22.3% in domestic grey cement without considering the sales volumes of India Cements and Kesora

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