UltraTech Cement’s Q3 FY21 Net Profit Up by 122.47%
UltraTech Cement Ltd., an Indian cement company and a subsidiary of Indian multinational conglomerate, Aditya Birla Group announced financial results for the quarter ended 31 December 2020.
Consolidated Results of UltraTech Q3 FY21 v/s Q3 FY20
During Q3 FY21 revenue of UltraTech has increased by 18.35 % reaching Rs. 12,144 Cr. from Rs. 10,261 Cr. Profit Before Tax (PBT) has gone up by 56.5 %, reaching Rs. 3,362 Cr. in Q3 FY21 up from Rs. 2,147 Cr. in Q3 FY20. Profit After Tax (PAT) of UltraTech has zoomed 122.47% to Rs. 1,584 Cr. from Rs. 712 Cr. during Q3 FY20.
During the quarter ended 31st Dec 2020 UltraTech’s Board had also approved investment worth Rs. 5,477 crore for capacity expansion.