Ultratech's consolidated sales climb 19.64% to 29.96 MT in Q1 FY24

04 Jul 2023 CW Team

In the first quarter ended June 2023, Ultratech's consolidated sales climbed 19.64 percent to 29.96 million tonne. In the April-June quarter of last year, the Aditya Birla Group unit produced 25.04 MT of cement, according to a regulatory filing.

During the quarter under review, its total domestic sales volume increased by 19.87% to 29.01 MT. It was 24.20 MT in the first quarter of FY23.

Its domestic grey cement production was 28.60 MT in the June quarter of FY24, a 20% increase, while its white cement production was o.41 MT, an 11% increase.

Ultratech's International production, primarily grey cement, was 1.04 MT in Q1 FY24, an increase of 10.63%.

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

Ultratech has a total capacity of 135.55 million tonnes of grey cement per year. It is comprised of 23 integrated production units, 29 grinding units, one clinkerisation unit, and eight bulk packaging terminals.

Except for China, it is the world's third largest cement manufacturer.

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