UltraTech Cement Q3 Results Review - Higher Than Expected Energy Costs Lead To Miss: ICICI Securities

UltraTech Cement’s Q3 consolidated Ebitda at Rs 23.4 billion was below our estimate but inline with consensus.

<div class="paragraphs"><p>A UltraTech Cement bag. (Photo: Vijay Sartape /Source: BQ Prime)</p></div>
A UltraTech Cement bag. (Photo: Vijay Sartape /Source: BQ Prime)
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