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Earnings

UltraTech Cement Q1 earnings preview: What you should watch out for

Updated : August 08, 2019 09:14 AM IST

UltraTech Cement will be reporting its first-quarter earnings on Thursday and analysts expect the company to report a good set of results this time around.

  • The numbers should look good as has been the case with the majority of cement companies. That is something that the street is expecting.

  • In terms of standalone numbers, the analysts are expecting revenue growth of around 12 percent, driven by pricing as well as volumes.

  • In terms of volumes, the street is working with a growth of around 5 percent, around 18.4-18.5 million tonnes.

  • Besides that, sharp price increases across most of the regions by UltraTech Cement will help deliver the double-digit growth on the top line.

  • Operating profit should jump up by more than 45 percent, margins will expand to close to around 24-25 percent.
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