Ultratech Cement Limited Reports Earnings Results for the Third Quarter Ended December 31, 2020
January 23, 2021 at 01:28 pm IST
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UltraTech Cement Limited announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was INR 125,220.3 million compared to INR 106,083.3 million a year ago. Net income was INR 15,843.4 million compared to INR 7,118.4 million a year ago. Basic earnings per share was INR 54.93 compared to INR 24.68 a year ago. Diluted earnings per share was INR 54.92 compared to INR 24.87 a year ago. Diluted earnings per share from continuing operations was INR 54.92 compared to INR 24.67 a year ago. For the nine months, total revenue was INR 309,940.3 million compared to INR 320,189.6 million a year ago. Net income was INR 36,878.7 million compared to INR 25,150.3 million a year ago. Basic earnings per share was INR 127.86 compared to INR 87.2 a year ago. Diluted earnings per share was INR 127.83 compared to INR 87.17 a year ago. Basic earnings per share from continuing operations was INR 113.5 compared to INR 87.2 a year ago. Diluted earnings per share from continuing operations was INR 113.47 compared to INR 87.17 a year ago.
UltraTech Cement Limited is India's leader in producing and selling cements and construction materials. The group offers gray and white cements, granulates, ready-to-use concrete, mortars, coatings, binders, etc.
At the end of March 2021, UltraTech Cement Limited had 23 cement plants, over 130 concrete factories in India and 27 grinding facilities (of which 23 in India).
India accounts for 99.3% of net sales.