Friday, February 3, 2023

Udaipur Cement Works Unaudited Revenue From Operations

Udaipur Cement Works Unaudited Revenue From Operations

Udaipur Cement Works is located in Udaipur, Rajasthan, India. The company was established in the year 1979 and is a subsidiary of Jaiprakash Associates Limited, one of the leading cement manufacturers in India. Udaipur Cement Works is known for producing high-quality cement and has been a leading player in the industry for over four decades.

The company has an integrated Cement Manufacturing unit with an installed cement production capacity of 2.2 million tons per annum (MTPA)

Udaipur Cement Works produces a range of products, including ordinary Portland cement, Portland pozzolanic cement, and Portland slag cement.

In addition to its commitment to producing high-quality cement, Udaipur Cement Works is also committed to sustainability. The company takes a number of measures to reduce its environmental impact, including the use of renewable energy sources, efficient use of water, and minimizing waste. The company also works closely with local communities to ensure that its operations have a positive impact on the environment and the people living in the surrounding areas.

Udaipur Cement Works Ltd has announced unaudited revenue from operations of Rs.2381.7m (US$29.13m) in the quarter ended 31 December 2022. This compares to Rs.2200.5m in the previous quarter and Rs.2077.6m in the same period a year earlier.

Net profit after tax in the quarter ended 31 December 2022 stood at Rs.32.2m, versus Rs.21.8m in the previous quarter and Rs.53.9m in the same period in 2021. Power and fuel costs advanced from Rs549.2m in the quarter ended 31 December 2021 to Rs.839.7m in the same period a year later.

In the nine months ended 31 December 2022, unaudited revenue from operations came in at Rs.7363.3m, up from Rs.6215.7m in the same quarter in 2021. Net profit after tax over the 2022 nine-month period stood at Rs.189.7m, versus Rs.324.4m in the same quarter a year earlier. Power and fuel expenses over the same time jumped from Rs.1616.4m to Rs.2586.2m.

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