UltraTech Cement’s sales rise 19.6% to 29.96 MT in Q1 FY24, Real Estate News, ET RealEstate

July 2, 2023

NEW DELHI: Leading cement maker UltraTech’s consolidated sales increased 19.64 per cent to 29.96 million tonne (MT) in the first quarter ended June 2023. The company produced 25.04 MT of cement in the April-June quarter a year ago, Aditya Birla Group firm said in a regulatory filing on Saturday.

Its total sales volume in the domestic market rose 19.87 per cent to 29.01 MT during the quarter under review. It was 24.20 MT in Q1 FY23.

Its grey cement production in the domestic market was 28.60 MT in the June quarter of FY24, a 20 per cent growth, while its white cement production was 0.41 MT, up 11 per cent.

UltraTech’s overseas production, mainly grey cement, was 1.04 MT in Q1 FY24, up 10.63 per cent.

The company registered a “capacity utilisation of 90 per cent for the quarter,” it added.

UltraTech has a consolidated capacity of 135.55 million tonnes per annum (MTPA) of grey cement. It has 23 integrated manufacturing units, 29 grinding units, one clinkerisation unit and eight bulk packaging terminals.

It is the third largest cement producer in the world, excluding China.

  • Published On Jul 2, 2023 at 06:38 PM IST

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