UltraTech Cement has reported a dip of 16.98 per cent in its net consolidated profit after tax during the quarter ended December 31, 2024. Its profit after tax stood at Rs 1,473.51 crore in Q3 FY25 as against Rs 1,774.78 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.
The company’s net consolidated total income stood at Rs 17,437.62 crore in Q3 FY25, a growth of 3.30 per cent from Rs 16,880.45 crore it recorded in the similar quarter last year.
As on December 31, 2024, its net worth stood at Rs 69,113.25 crore, debt-equity ratio was 0.34, total debts to total assets ratio was 19 per cent, current liability ratio was 39 per cent, operating margin was 17 per cent and net profit margin was nine per cent.During Q3 FY25, the company allotted 2,742 equity shares off Rs 10 each to option grantees upon exercise of options under the company’s employees stock option scheme – 2013. As a result of such allotment, the paid-up equity share capital of the company has increased from 28,86,97,318 equity shares off Rs 10 each to 28,87,00,060 equity shares of Rs 10 each.
The company’s consolidated net sales stood at Rs 16,971 crore in Q3 FY25 as against Rs 16,487 crore recorded during the corresponding period of the previous year. UltraTech achieved a capacity utilisation of 73% during the quarter. Domestic sales volume grew 10 per cent year-on-year, energy costs dipped by 13 per cent year-on-year mainly on account of decrease in fuel cost.
UltraTech commissioned an additional 1.8 mtpa capacity. With the acquisition of The India Cements, the company’s cement capacity has increased to 171.11 mtpa, on a consolidated basis. Upon completion of the ongoing expansion projects and the acquisition of Kesoram Cement (10.75 MTPA), it will have over 200 mtpa cement capacity in the country by the end of FY27.