Press Release

 

Un-audited Financial Results for the Quarter ended 30thSeptember, 2014

                                                                                      (`in crores)

 

Standalone

Consolidated

Particulars

Q2FY’15

Q2FY’14

Q2FY’15

Q2FY’14

Net Sales

5,382

4,503

5,723

4,849

PBIDT

951

717

987

773

PAT

410

264

416

283

The figures for Q2FY’15 include those of the acquired Gujarat Units and are therefore not strictly comparable

with the previous years figures

 

UltraTech Cement Limited, an Aditya Birla Group Company, today announced its unaudited financial results for the quarter ended 30thSeptember, 2014.

 

Financials

Net Sales stood at ` 5,382crores as compared to `4,503 crores in the corresponding period of the previous year. Profit before Interest, Depreciation and Tax is ` 951crores and Profit after Tax is ` 410crores vis-a-vis ` 717crores and ` 264crores attained in Q2FY’14.

 

The combined cement and clinker sales was 10.35MnT (9.22MnT) while it was 3.02LmT (2.94LmT) for white cement and wall care putty.

 

During the quarter, domestic cement sales volume increased by 11% on the back of higher demand and additional volume from the acquired Units in Gujarat. Costs wereimpactedmainly on account of increase in prices of petcoke, input material and royalty on limestone.

 

On a consolidated basis, Net Sales stood at ` 5,723crores as compared to `4,849crores in the corresponding period of the previous year. Profit before Interest, Depreciation and Tax is ` 987crores and Profit after Tax is ` 416crores vis-a-vis ` 773crores and ` 283crores respectively.

 

Capex

The Company’s on-going capex is on track. UltraTechcommissioneda 1.4 MnT cement mill at Rajashree Cement, Karnataka and a 25MW thermal power plant at Tadipatri, Andhra Pradesh. With this the Company’s total cement capacity in India stands at 60.2 Mnt and the total power capacity (including WHRS) at733 MW. This caters to around 80 % of the Company’s power requirement.

 

 

Outlook

Cement demand is slated to grow over 8%. The key value drivers will be renewed government focus on housing and infrastructure spending.

 

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UltraTech Cement Limited

Regd. Office: Ahura Centre, B-Wing, 2nd Floor, Mahakali Caves Road, Andheri (East), Mumbai 400093

Tel.: 022 66917800 Fax: 022 66928109

Website :www.ultratechcement.com / www.adityabirla.comCIN: L26940MH2000PLC128420