Ultratech Cement posts 14% y-o-y increase in sales in FY 23

3 Apr 2023 , 01:28 AM

UltraTech Cement, an Aditya Birla Group company, reported an increase in its sales volume by 14% yoy to 102 million tonnes (MT) in FY23 from 88 MT the previous year. 

In the fiscal year ended March 2023, the consolidated sales volume, including its overseas operations, increased by 12% to 106 MT, against 94 MT in the previous corresponding period. 

During the quarter ended March, the sales volume surged by 15% to 30 MT as compared to the 26 MT in the previous corresponding period. The consolidated sales also witnessed a 14% increase, reaching 32 MT as compared to the 28 MT during the same period last year.

UltraTech has a total capacity of 132 MT of grey cement per year. 

Presently, UltraTech manages a total of 23 integrated manufacturing units, 29 grinding units, eight bulk packaging terminals, and one clinkerization unit. UltraTech sells white cement under the brand name ‘Birla White’ in the market.

Apart from China, UltraTech is the sole cement company worldwide with a cement manufacturing capacity of over 100 mtpa concentrated in a single country. The company’s operational footprint encompasses India, Sri Lanka, Bahrain, and UAE.

At around 1.19 PM, Ultratech Cement was trading at Rs 7,866.10 per piece, against the previous close of Rs 7,622.15 on NSE. The counter touched an intraday high and low of Rs 7,737 and Rs 7,580 respectively.

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