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05-02-2022 02:25 PM | Source: Accord Fintech
Ultratech Cement inches up on reporting 47% rise in Q4 consolidated net profit
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Ultratech Cement is currently trading at Rs. 6634.80, up by 5.80 points or 0.09% from its previous closing of Rs. 6629.00 on the BSE.

The scrip opened at Rs. 6629.00 and has touched a high and low of Rs. 6728.55 and Rs. 6543.85 respectively. So far 4994 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 8267.00 on 08-Nov-2021 and a 52 week low of Rs. 5631.05 on 08-Mar-2022.

Last one week high and low of the scrip stood at Rs. 6791.85 and Rs. 6516.60 respectively. The current market cap of the company is Rs. 191963.23 crore.

The promoters holding in the company stood at 59.96%, while Institutions and Non-Institutions held 30.47% and 9.04% respectively.

Ultratech Cement has reported a rise of 38.05% in its net profit at Rs 2,453.89 crore for the quarter ended March 31, 2022 as compared to Rs 1,777.55 crore for the same quarter in the previous year. Total income of the company increased by 8.98% at Rs 15,312.33 crore for Q4FY22 as compared Rs 14,049.99 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 47.33% in its net profit at Rs 2,613.75 crore for the quarter ended March 31, 2022 as compared to Rs 1,774.13 crore for the same quarter in the previous year. Total income of the company increased by 9.63% at Rs 15,859.67 crore for Q4FY22 as compared Rs 14,465.94 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported a rise of 32.28% in its net profit at Rs 7,066.54 crore as compared to Rs 5,342.07 crore for the previous year. Total income of the company increased by 16.60% at Rs 51,275.29 crore for year under review as compared to Rs 43,977.02 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 34.28% in its net profit at Rs 7,334.26 crore as compared to Rs 5,461.85 crore for the previous year. Total income of the company increased by 16.82% at Rs 53,106.64 crore for year under review as compared to Rs 45,459.97 crore for year ended March 31, 2021.