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UltraTech Cement Q2 Preview: Cons PAT may surge 70% YoY on strong sales, margin growth

Sales volume (consolidated) to increase 16% YoY, driven by capacity expansion. RMC revenue is expected to increase by 3% YoY, and white cement revenue is projected to increase by 7% YoY. Expect EBITDA/tonne at Rs 905 vs Rs 808/Rs 1,018 in 2QFY23/1QFY24. Variable cost per tonne is expected to decline 8% YoY (4% QoQ).

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