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UltraTech Cement Q4 Results Preview: Profit may decline 15-17%, but revenue expected to grow

Revenue growth will be driven by an increase in volumes coupled with an improvement in blended realisations. However, profit will be impacted by higher manufacturing costs because of the rise in pet coke and crude prices.

April 29, 2022 / 09:06 AM IST

 
 
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UltraTech Cement (UltraTech), flagship company of Aditya Birla Group, is expected to report a 15-17 percent year-on-year decline in its consolidated net profit on April 29 when it declares its results for the quarter and year ended March 2022. On a sequential basis, profit is seen declining 12-15 percent.

India’s largest cement manufacturer is expected to report a 7-10 percent on-year rise in its consolidated revenues for the quarter. Sequentially, the revenues are seen spiking by 18-20 percent.

Analysts expect the company to register a profit after tax (PAT) of Rs 1,495 crore on revenues of 15,430 crore.

The growth in revenues will be aided by an increase in volumes coupled with an improvement in blended realisations. However, profit will be reined in by higher manufacturing costs because of an increase in pet coke and crude prices, though, the impact of higher costs should be partly negated by the operating leverage.