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News UltraTech Cement's sales rise in third quarter of 2023 financial year

UltraTech Cement's sales rise in third quarter of 2023 financial year

Written by Global Cement staff 23 January 2023
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India: UltraTech Cement recorded sales of US$1.91bn during the third quarter of the 2023 Indian financial year, up by 20% year-on-year from third-quarter 2022 financial year levels. The Aditya Birla subsidiary's cement sales during the quarter grew by 13% year-on-year in volume. It recorded 24% growth in costs, to US$1.74bn, while its profit fell by 38% to US$131m.

UltraTech Cement noted growth in the cost of electricity, fuels and raw materials.

Last modified on 25 January 2023
Published in Global Cement News
Tagged under
  • India
  • UltraTech Cement
  • Results
  • Electricity
  • Fuel
  • fossil fuels
  • Coal
  • petcoke
  • Price
  • costs
  • GCW592

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