UltraTech Cement Q3 Results: Profit Jumps 27% As Margins Beat Estimates

UltraTech Cement delivered a strong set of consolidated results for the December quarter, with earnings comfortably beating market expectations, driven by healthy volume growth, operating leverage and margin expansion.

Net profit rose 27% year-on-year to Rs 1,729 crore, compared with Rs 1,363 crore in Q3 last year. Revenue increased 23% YoY to Rs 21,830 crore, aided by higher cement dispatches and steady realisations.

EBITDA surged 35% YoY to Rs 3,915 crore, while margins expanded to 17.9% from 16.3% a year ago. Operating EBITDA per tonne improved by Rs 140 to Rs 1,051, excluding the India Cements business, reflecting better cost efficiencies.