Aditya Birla Group-owned cement company UltraTech's consolidated profit in the second quarter of FY 2024-25 declined by 36% year-on-year (YoY) to ₹820 crore. The company had made a profit of ₹1,280 crore in the same quarter a year ago (Q2FY24).
Today (October 21) the company has released the results for the second quarter (July-September) of the financial year 2024-25. Shares of UltraTech Cement closed 2.08% down at Rs 10,839 on Monday. The stock has risen 30.19% in the last one year. The market cap of the company is Rs 3.12 lakh crore.
Revenue declined by 2.36% to ₹15,634 crore
Revenue from operations of UltraTech Cement also declined by 2.36% on an annual basis. Revenue from operations stood at ₹15,634 crore in Q2FY25. Revenue in the same quarter a year ago i.e. second quarter of FY24 was ₹16,012 crore.
Income declined by 2.00% to ₹ 15,855 crore
In the second quarter, the company's total income declined by 2.00% on annual basis (YoY) to Rs 15,855 crore, which was Rs 16,179 crore in the same quarter last year. At the same time, the total income of the company has decreased by 13.05% on quarterly basis.
Consolidated report of the entire company
The results of companies come in two parts – standalone and consolidated. Standalone shows the financial performance of only one unit. Whereas, in the consolidated financial report, the entire company is reported.
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