UltraTech Cement shares rose 1% following strong Q3 results, with a 17% YoY profit decline but revenue exceeding estimates. Brokerages remain positive, with target prices ranging from Rs 12,100 to Rs 13,

Ultratech Cement is expected to post around 20 per cent drop in profit during the quarter due to lower realization and higher depreciation. The company will announce Q3 results today.

UltraTech reported a 13 per cent YoY increase in sales volumes in rural areas, reflecting strong economic conditions in rural markets, supported by higher minimum support prices for crops

India's biggest cement maker by capacity, Ultratech Cement on Thursday reported 17.3 per cent drop in consolidated net profit for the third quarter (Q3) of the financial year 2024-25 (FY25) at Rs 1,469.5 crore. Sequentially, however this was a huge turnaround for the cement firm, up 79.2 per cent from Rs 820.04 crore reported at the end of Q2FY25.

UltraTech Cement , India's biggest cement maker by capacity, reported better-than-expected third-quarter earnings, as strong volume growth outweighed a hit from weaker prices of the construction material.

UltraTech Cement reported a 16.5% year-on-year decline in Q3FY25 profit, with a standalone profit after tax of ₹1,434 crore, compared to ₹1,718 crore in the same quarter last year.