UltraTech Cement — Q3 FY24
UltraTech reported a steady Q3 FY24 with industry demand growth of 3%-4%, impacted by elections, floods, and seasonal slowdown.
neutral
medium
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q2 FY24
Third phase of ~20 MTPA expansion to be announced by end of calendar 2023
The next phase of growth will be presented to the board before end of calendar year 2023, targeting completion by calendar 2027.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q2 FY24
Fuel inventory to normalize to 45 days by March 2024
Current fuel inventory of 60 days will be reduced to normal levels of 45 days by end of March 2024.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1