New Delhi, Oct. 18 -- UltraTech Cement Ltd, India's largest cementmaker, reported a sharp decline in net profit for the September quarter sequentially owing to lower volumes and higher fixed costs.
The Aditya Birla Group's cement arm reported a consolidated net profit of Rs.1,238 crore for the quarter, an almost 45% drop compared to the first quarter of FY26, according to the company's exchange filings. It fell short of Bloomberg's estimate of Rs.1,456 crore based on a poll of 19 analysts.
Higher fixed costs such as cost of materials and employee costs, combined with lower sales volumes, hurt profitability, dragging the Ebitda per tonne down sequentially.
"Maintenance, advertising, and staff costs were slightly higher this quarter, con...
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