ULTRACEMCO — UltraTech Cement Q1 profit jumps 17% to ₹2,599 crore, beats estimates

UltraTech Cement posted a 17% year-on-year rise in consolidated net profit to ₹2,599 crore for the April-June quarter, surpassing analyst expectations. Revenue from operations grew 16% to ₹24,648 crore, buoyed by a 13.1% increase in domestic sales volumes to 39.2 million tonnes. The company successfully absorbed a nearly 12% rise in fuel and freight costs, with operating EBITDA per tonne increasing to ₹1,214.