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News UltraTech Cement’s sales and profit grow in 2021 financial year

UltraTech Cement’s sales and profit grow in 2021 financial year

Written by Global Cement staff 10 May 2021
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India: Aditya Birla subsidiary UltraTech Cement’s net sales rose by 6% year-on-year to US$6.04bn in its 2021 financial year from US$5.70bn in the same period in 2020. Its cement sales volumes increased by 5% to 80.2Mt. The company’s profit before interest, depreciation and tax grew by 24% to US$1.68bn from US$1.35bn. It attributed the result to ‘prudent’ working capital management and control on cash flows aided by its overheads control programme.

The producer forecast an increase in cement consumption from pent-up urban construction demand in the 2022 financial year.

Last modified on 12 May 2021
Published in Global Cement News
Tagged under
  • India
  • UltraTech Cement
  • Results
  • GCW505
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