Financial Results for the Quarter ended 31<sup>st</sup> December, 2013

1st January, 2015

20th January, 2014

Financial Results for the Quarter ended 31st December, 2013

UltraTech Cement Limited, an Aditya Birla Group Company, today announced its unaudited financial results for the quarter ended 31st December, 2013.

 ( Rs. in crores)
Quarter endedNine month ended
 31.12.1331.12.1230.09.1331.12.13
Net Sales4,7864,8574,50214,246
PBIDT8641,1457172,818
PAT3706012641,306

 

Net Sales stood at Rs. 4,786 crores as compared to Rs. 4,857 crores in the corresponding period of the previous year. Profit before Interest, Depreciation and Tax is Rs. 864 crores and Profit after Tax is Rs. 370 crores vis-a-vis Rs. 1,145 crores and Rs. 601 crores respectively, in the corresponding period of the earlier year.

The combined domestic cement and clinker sales remained flat at 9.7 MnT while it was 2.89LmT (2.62LmT) for white cement and wall care putty.

The results for the quarter have been impacted mainly on account of lower selling prices due to the subdued demand. However, on-going cost optimisation measures have helped in containing costs despite the continuing increase in input and logistics cost.

Outlook
The outlook continues to remain challenging. Demand growth in the long term is likely to be around 8%. The key demand drivers will continue to be housing and infrastructure spends.