Results during the third quarter exceeded expectations for the Nifty large firm, and the stock is still rising.

Ultratech Cement Share Price: When compared to the estimate of Rs 1739 crore, the company's consolidated profit was reported to the exchange at Rs 1775 crore. The company produced a profit of Rs 1063 crore for the same period last year.

The biggest business in Nifty, UltraTech Cement, has released its quarterly earnings. Earnings and profits for the October–December quarter climbed, the company reported in an exchange statement. The performance of UltraTech has exceeded expectations.

The company stated in an exchange filing that its consolidated profit was Rs 1,775 crore as opposed to the estimated Rs 1,739 crore. Last year during the same quarter, the company declared a profit of Rs 1063 crore. The business has reported a net profit of roughly 712 crores in this regard.

higher-than-expected earnings

In terms of the company's consolidated earnings, they have risen from an estimated Rs 16649 crore to Rs 16,740 crore. In the same quarter previous year, the company's consolidated earnings were Rs 15,521 crore. When it comes to EBITDA, it has also gone up.

After this rise, it is now Rs 3,254 crore, up from Rs 2,335.9 crore in the corresponding period of the previous year. In terms of EBITDA projections, it was approximately Rs 3,209 crore.

marginally higher

The EBITDA margin of the business has grown. In comparison to estimates, this rise has grown somewhat. 19.3% was the estimated margin. The EBITDA margin grew to 19.4% from 15.1%.

Understand sales volume statistics

Compared to the estimate of 27.32 MT, the consolidated sales volume for the October–December quarter was 27.32 MT. To reach 25.44 MT, domestic gray cement volumes increased 5% year over year. In terms of sales volume, India had a 5% annual growth to 26.6 MT.