ultratech cement q2 results 2024

UltraTech Cement Q2 Results, Profit Falls by 36%: UltraTech Cement Share Price Drops

UltraTech Cement Q2 Results FY25 reported a 36% year-on-year fall in the consolidated net profit. UltraTech Cement results date was October 21, 2024 and on that day, UltraTech Cement share price closed at ₹10,869.30. On October 22, 2024, UltraTech Cement share price closed with a drop to ₹10,825.15. In this blog, we’ll unfold all the details about Aditya Birla Group’s leading cement company quarterly results for FY25.

UltraTech Cement Q2 Results FY25: Key Highlights

UltraTech Cement share price has delivered a negative return of 5.03% in the last 1 week (as on October 23, 2024). Here are the key highlights of the consolidated UltraTech Cement Ltd quarterly results and YoY growth:

  • PAT at ₹820 crores in Q2 FY25, down 36% YoY

ultratech-cement-pat

  • EBITDA at ₹2,239 crores in Q2 FY25, down 18% YoY

ultratech-cement-ebitda

Here is the summary of the key performance indicators declared in the UltraTech Cement quarterly results​ of Q2 FY25:

Particulars Q2 FY25 Q2 FY24 YoY Change
Total Income 15,855 16,179 -2.00%
PBIDT
(Profit before interest, depreciation and tax)
2,239 2,718 -17.62%
PAT
(Profit After Tax)
820 1,281 -35.99%
Total Expenses 13,616 13,461 1.15%

*(in ₹ crores)

UltraTech Cement Q2 Results FY25: Other Metrics

  • UltraTech Cement’s domestic sales volume grew by 3% YoY. It also achieved a capacity utilization of 68% in Q2 FY25, as mentioned in the UltraTech Cement Ltd quarterly results.
  • Energy costs, down by 14% YoY in Q2 FY25
  • Raw material costs, up by 1% YoY due to a rise in the cost of fly ash and slag.
  • Premium product mix of 23.4% in Q2 FY25, up 8% YoY
  • Green Power Mix of 32%, up 47% YoY
  • Domestic operating EBITDA per Mt (Metric Tons) at ₹732, down by ₹224 per Mt YoY

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UltraTech Cement Q2 Results: Segment Revenue

In the UltraTech Cement Q2 quarterly results​ FY25, the company’s consolidated net sales or revenues fell down by 3% YoY and 14% QoQ. Grey cement (domestic) sales and white cement both experienced a downfall in Q2 FY25 on a year-on-year basis as well as sequentially.

RMC registered a growth of 20% YoY but a 6% QoQ fall in revenues in Q2 FY25. Overseas business expanded by 39% on a YoY basis and delivered a revenue of ₹832 crores in Q2 FY25.

Particulars Q2 FY25 YoY Growth QoQ Growth
Grey Cement – Domestic 12,618 -6% -17%
White Cement 525 -10% -10%
ReadyMix Concrete (RMC) 1,397 20% -6%
Overseas 832 39% 38%
Others 332 6% 3%
Total Consolidated Revenues 15,308 -3% -14%

*(in ₹ crores)

Conclusion

UltraTech Cement Q2 results for FY25 highlighted that the company is on its way to capacity expansion. After the completion of ongoing expansion projects and regulatory approvals to acquire Kesoram Cement (10.75 MTPA) and India Cements (14.45 MTPA), the cement major’s total capacity is expected to cross 200 MTPA (Million tonnes per annum) by FY27. In the last 1-year, UltraTech Cement share price has delivered a positive return of 29.16% (as on October 23, 2024).

Keep exploring stocks and open demat account with SMC Global Securities. Stay tuned for the upcoming Nifty 50 companies quarterly results.

Reference

https://nsearchives.nseindia.com/corporate/ULTRACEMCO_21102024140734_SEinvestorpresentation.pdf

Author: All Content is verified by SMC Global Securities.

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