Ultratech Q2 Results 2023

Read this story to learn about Q2- highlights, performance, earnings, dividend updates, market performance, etc.,

Highlights of the Result

· Net profit saw a massive surge   of 69% YoY · Total income jumped by 15.20%   YoY · Total revenue from operations   jumped by 15.3% YoY basis

Performance Highlights

· UltraTech Cement Limited   reported a net profit of   ₹1,280.38 Cr · The company announced a total    income of ₹16,179.26 Cr · UltraTech’s consolidated net      sales amounted to ₹15,735 Cr

Company’s Expenses

Concomitantly, the expenses also shot up during the quarter. For the quarter under review, the company reported a total expense of ₹14,493.01 Cr, a 12.5% increase.

Major Announcements

The company has partnered with the World Economic Forum’s “Moving India” initiative, which is India’s 1ˢᵗ zero-emissions road freight initiative.

Source: Ultratech Financial Report – Q2 Report, BSE