UltraTech Cement Q3: Company’s profit up 8 percent in the third quarter, share price increased

Mumbai. The country’s largest cement producer Ultra Tech Cement today presented its profit and loss report for the third quarter ended December 2021 in the stock exchanges. In its report, the company said that it has proved all the estimates wrong in terms of net profit of the company.

The company has registered an increase of 8 percent in its PAT (profit after tax) in the third quarter of this year as compared to the quarter of 2020 last year. This year’s PAT of Ultra Tech Company has increased by 8% to Rs 1,708 crore. Let us inform that in the period of last year (2020), PAT of Rs 1,584 crore was recorded.

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Aditya Birla Group company Ultra Tech has also informed today that UltraTech Cement has also registered good growth in consolidated net sales in this quarter. The company had registered consolidated net sales of Rs 12,144 crore in the quarter of the previous year (2020). At the same time, the company’s consolidated net sales in the third quarter ended this December (2021) stood at Rs 12,710 crore.

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The result of today’s announcement of the company was also visible in the stock market. Today, the share price of Ultra Tech Cement rose by 2.73 percent or Rs 209.45 on NSE (National Stock Exchange) to reach the level of 7870.

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