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News UltraTech Cement's sales rise as earnings drop in 2023 financial year

UltraTech Cement's sales rise as earnings drop in 2023 financial year

Written by Global Cement staff 02 May 2023
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India: UltraTech Cement reported revenues of US$7.48bn in the 2023 financial year, up by 21% year-on-year from US$6.18bn in the 2022 financial year. The cement producer's total expenses rose by 29% to US$6.27bn. This contributed to an 8% decline in the company's earnings before interest, taxation, depreciation and amortisation (EBITDA) to US$1.3bn from US$1.41bn.

Last modified on 03 May 2023
Published in Global Cement News
Tagged under
  • India
  • UltraTech Cement
  • Aditya Birla
  • costs
  • Results
  • GCW606

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