India's UltraTech Cement misses Q2 profit view
UltraTech Cement's consolidated net profit fell to Rs 825 crore in Q2 FY25, compared to Rs 1,280 crore a year ago.
UltraTech Cement sees mixed analyst calls after a Q2 miss, but infra investments, urban housing momentum, and cost efficiency driving H2 growth keep brokerages positive.
Ultratech Cement's Q2-FY25 sales volume grows 4%, expects better H2FY25F with sustainable 7-8% growth rate in India.
In light of higher opex/tonne, the brokerage have downward revised its Ebitda estimates for FY25/FY26E by 10.0%/4.2% and ...