{"id":139594,"date":"2023-01-31T08:11:27","date_gmt":"2023-01-31T13:11:27","guid":{"rendered":"https:\/\/44.250.171.167\/?p=139594"},"modified":"2023-01-31T08:11:28","modified_gmt":"2023-01-31T13:11:28","slug":"ultratech-cement-net-profit-drops-by-38-in-q3fy23","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/ultratech-cement-net-profit-drops-by-38-in-q3fy23\/","title":{"rendered":"Ultratech Cement net profit drops by 38% in Q3FY23"},"content":{"rendered":"\n<p>UltraTech Cement today reported 38% on-year drop in its consolidated net profit at INR 1,058.20 crore in the December quarter. Its revenue from operations, however, rose 19.5% YoY to INR 15,520.93 crore. The company&#8217;s operating margin dropped to 15% in Q3 from 19% in the year-ago period but was up 100 bps sequentially. Volume growth was strong during the quarter but cost pressures resulted in subdued margins.<\/p>\n\n\n\n<p>UltraTech said its domestic grey cement sales volume rose 13% YoY and 12% QoQ, respectively. Energy and raw material costs were up 33% and 13% YoY, while they remained flat on a sequential basis. <\/p>\n\n\n\n<p>The cement major achieved capacity utilisation of 83% last quarter as against 75% during Q3 FY22.  &#8220;Given the government&#8217;s focus on infrastructure growth and the consequent rising demand for urban housing, the cement sector is poised for strong growth in the coming years,&#8221; the management said in an exchange filing.<\/p>\n\n\n\n<p>In the second phase of capacity expansion plan of 22.6 MTPA announced during Q1, the company said work has already commenced. <\/p>\n\n\n\n<p>&#8220;Main plant orders have been placed and civil work started at most sites. Commercial production from these new capacities is expected to go on stream in a phased manner by FY25. Upon completion of these expansions, the company&#8217;s capacity will grow to 159.25 MTPA, reinforcing its position as the third largest cement company in the world, outside of China and the largest in India by far,&#8221; it said.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"918\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/bd684fa3-7ced-4e24-9e39-375b501ce383-918x1024.png\" alt=\"\" class=\"wp-image-139596\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/bd684fa3-7ced-4e24-9e39-375b501ce383-918x1024.png 918w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/bd684fa3-7ced-4e24-9e39-375b501ce383-269x300.png 269w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/bd684fa3-7ced-4e24-9e39-375b501ce383-768x857.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/bd684fa3-7ced-4e24-9e39-375b501ce383-1376x1536.png 1376w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/bd684fa3-7ced-4e24-9e39-375b501ce383-1835x2048.png 1835w\" sizes=\"auto, (max-width: 918px) 100vw, 918px\" \/><\/figure>\n\n\n\n<p>During the quarter, ready mix concrete (RMC) revenue grew by 50% YoY and premium products contributed to 18.8% of trade sales volume. The company&#8217;s consolidated net debt reduced to INR 7,722 crore in Q3 from INR 8,357 crore sequentially.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UltraTech Cement today reported 38% on-year drop in its consolidated net profit at INR 1,058.20 crore in the December quarter. Its revenue from operations, however, rose 19.5% YoY to INR 15,520.93 crore. The company&#8217;s operating margin dropped to 15% in Q3 from 19% in the year-ago period but was up 100 bps sequentially. Volume growth [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":139596,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5753],"tags":[9714,11422,11421],"class_list":["post-139594","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-industrials","tag-cement-producer","tag-rmc","tag-white-cement"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/bd684fa3-7ced-4e24-9e39-375b501ce383.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":171620,"url":"https:\/\/alphastreet.com\/india\/ultratech-cement-q2-fy26-earnings-results\/","url_meta":{"origin":139594,"position":0},"title":"UltraTech Cement Q2 FY26 Earnings Results","author":"Chirag Gupta","date":"October 20, 2025","format":false,"excerpt":"UltraTech Cement is engaged in the manufacturing and sale of Cement and Cement related product primarily across globe. Presenting below are its Q2 FY26 earnings results. \u00a0 Q2 FY26 Earnings Results Revenue from Operations:\u00a0\u20b919,606.9 crore, up\u00a020.3% YoY\u00a0from \u20b916,294.4 crore in Q2 FY25 and nearly flat sequentially compared to \u20b921,275 crore\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Ultratech Cement Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Ultratech-Cement-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Ultratech-Cement-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Ultratech-Cement-Q2-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Ultratech-Cement-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Ultratech-Cement-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Ultratech-Cement-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149532,"url":"https:\/\/alphastreet.com\/india\/ultratech-cements-q1-2023-earnings-stay-tuned-for-the-live-earnings-call-and-real-time-transcript\/","url_meta":{"origin":139594,"position":1},"title":"UltraTech Cement&#8217;s Q1 2023 Earnings: Stay tuned for the live earnings call and real-time transcript","author":"Chirag Gupta","date":"July 21, 2023","format":false,"excerpt":"Ultratech Cement is expected to report its earnings today. The company is engaged in the manufacturing and sale of Cement and Cement related product primarily in India. Listen to Ultratech Cement's Q1 earnings call live and check real-time transcript In last quarter, the total revenue of the company grew by\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":177685,"url":"https:\/\/alphastreet.com\/india\/ultratech-cement-q3-profit-beats-estimates-on-robust-infrastructure-demand\/","url_meta":{"origin":139594,"position":2},"title":"UltraTech Cement Q3 profit beats estimates on robust infrastructure demand","author":"Staff Correspondent","date":"January 24, 2026","format":false,"excerpt":"UltraTech Cement Ltd (NSE: ULTRACEMCO) reported a 27% increase in consolidated net profit for the December quarter, surpassing analyst expectations as government-led infrastructure projects fueled higher sales volumes. The Aditya Birla Group\u2019s cement flagship posted a net profit of \u20b91,725.40 crore for the third quarter ended Dec. 31, compared with\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":177678,"url":"https:\/\/alphastreet.com\/india\/ultratech-cement-q3-fy26-earnings-results\/","url_meta":{"origin":139594,"position":3},"title":"UltraTech Cement Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 26, 2026","format":false,"excerpt":"UltraTech Cement is engaged in the manufacturing and sale of Cement and Cement related product primarily across globe. Q3 FY26 Earnings Results Revenue from Operations \/ Net Sales: \u20b921,506 cr, up 22.5% YoY from \u20b917,555 cr in Q3 FY25, +9.7% QoQ from \u20b919,607 cr in Q2 FY26, driven by strong\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Ultratech Cements Q3 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-64.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-64.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-64.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-64.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-64.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-64.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":166605,"url":"https:\/\/alphastreet.com\/india\/ultracemco-q3-2024-2025-call-highlights-volume-growth-strategic-acquisitions-capacity-expansion\/","url_meta":{"origin":139594,"position":4},"title":"ULTRACEMCO Q3 2024-2025 Call Highlights: Volume Growth, Strategic Acquisitions &#038; Capacity Expansion!","author":"Praveen","date":"January 27, 2025","format":false,"excerpt":"UltraTech Cement Ltd., India\u2019s largest manufacturer of grey cement, ready-mix concrete and white cement, in its Q3 earnings call highlighted 10% organic volume growth, with strong performance in North and West regions. The company also addressed that its recent acquisitions of India Cements and Kesoram Cement will take about 12\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/CC_Image_8.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/CC_Image_8.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/CC_Image_8.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/CC_Image_8.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":144462,"url":"https:\/\/alphastreet.com\/india\/ultratech-cement-q4fy32-results-out-revenues-soars-by-18\/","url_meta":{"origin":139594,"position":5},"title":"Ultratech Cement Q4FY32 results out, revenues soars by 18%","author":"Chirag Gupta","date":"April 28, 2023","format":false,"excerpt":"Ultratech Cement Ltd reported Total revenue for Q4 FY23 of \u20b918,562 Crore, up from \u20b915,767 Crore year on year depicting a growth of 18%. Meanwhile, consolidated Net Profit of \u20b91,670 Crore, down 36% from \u20b92,614 Crore in the same quarter of the previous year.\u00a0The Earnings per Share is \u20b957.75, down\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/4a43f397-11d2-4ce6-911a-fffbab0102f6.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/4a43f397-11d2-4ce6-911a-fffbab0102f6.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/4a43f397-11d2-4ce6-911a-fffbab0102f6.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/4a43f397-11d2-4ce6-911a-fffbab0102f6.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/4a43f397-11d2-4ce6-911a-fffbab0102f6.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/4a43f397-11d2-4ce6-911a-fffbab0102f6.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/139594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=139594"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/139594\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/139596"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=139594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=139594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=139594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}