Consolidated profit of Aditya Birla Group-owned cement company UltraTech in the second quarter of FY 2024-25 declined 36 per cent year-on-year (y-o-y) to ₹820 crore. The company had made a profit of ₹1,280 crore in the same quarter a year ago (Q2FY24).
Today (October 21), the company released results for the second quarter (July-September) of the financial year 2024-25. Shares of UltraTech Cement closed 2.08% lower at Rs 10,839 on Monday. The stock is up 30.19% over the past year. The market capitalization of the company is Rs 3.12 lakh crore.
Revenue declined 2.36% to ₹15,634 crore
UltraTech Cement’s operational revenue also declined by 2.36% on a year-on-year basis. Operating revenue stood at ₹15,634 crore in Q2FY25. The revenue for the same quarter a year ago, i.e. Q2 FY24, stood at ₹16,012 crore.
Revenue declined 2.00% to ₹15,855 crore
In the second quarter, the company’s total revenue declined 2.00% on an annual basis (y-o-y) to Rs 15,855 crore, compared to Rs 16,179 crore in the same quarter last year. At the same time, the company’s total revenue decreased by 13.05% on a quarterly basis.
Consolidated report of the entire company
Company results come in two parts – standalone and consolidated. Standalone displays the financial performance of a single unit. Whereas, in the consolidated financial report, the entire company is presented.