ECONOMY

UltraTech Cement Q4 Review – Robust Demand Aided Revenue Growth: KRChoksey

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

KRChoksey Research Report

UltraTech Cement Ltd.’s revenue grew by 32.7% YoY/17.5% QoQ in Q4 FY21 to Rs 1,44,056 million.

Ebitda for the quarter grew 50.9% YoY/19% QoQ to Rs 36,904 million.

Ebitda margin expanded by 309 basis points YoY to 25.6% in Q4 FY21 from 22.5% in corresponding quarter previous year.

While on QoQ basis margin was mostly flat (expanded by 32 basis points).

Reported profit after tax has seen a growth of 16.9% QoQ to Rs 18,529 million, though on YoY basis profit after tax saw a decline of 42.8%, mainly on account of tax write back in the corresponding quarter of previous year.

Click on the attachment to read the full report:

KRChoksey UltraTech Cement Q4FY21 Result Update.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Most Related Links :
todayprimenews Governmental News Finance News

Source link

Back to top button