UltraTech Cement Limited, an Aditya Birla Group Company, has announced its unaudited financial results for the quarter ended September 30th 2011.
Net sales stood at INR 3,910 crores as compared to INR 3,215 crores in the corresponding period of the previous year. Profit before interest, depreciation and tax is INR 685 crores and profit after tax is INR 279 crores vis a vis INR 476 crores and INR 116 crores respectively, in the corresponding period of the previous year.
Although year on year performance indicates an improvement on account of a lower base effect, on a sequential basis, the company’s performance was subdued, given the lower demand, lower realization and substantial increase in costs.
The combined domestic cement and clinker sales of grey cement was 8.94 million tonnes while it was 2.19 million tonnes for white cement and wall care putty.
| Particulars | Q2 '12 | Q2 '11 | Q1 '12 |
| Net sales | 3,910 | 3,215 | 4,365 |
| PBIDT | 685 | 476 | 1,254 |
| PAT | 279 | 116 | 683 |
In INR crore
The overall economic slowdown impacted the company’s performance during the quarter. Variable cost rose by 14% because of the increase in input and energy costs. The 30% increase in the price of domestic coal, continuous rise in prices of imported coal together with escalation of freight costs due to the diesel price hike have constrained the company's performance.
