The company clocked impressive volume growth and robust operating performance in the December quarter, but a high level of debt and pricing challenges could keep the stock subdued in the near term.

UltraTech Cement, India's biggest cement maker by capacity, reported third-quarter earnings above estimates on Thursday on the back of strong volume growth, sending its shares soaring 7% in afternoon trade.

Ultratech Cement is expected to post around 20 per cent drop in profit during the quarter due to lower realization and higher depreciation. The company will announce Q3 results today.

Despite the decline in profit, the quarter 3 results exceeded Street expectations, with net profit surpassing the estimated Rs 1,195 crore. Revenue also beat forecasts, which had predicted Rs 16,854 crore.

UltraTech Cement , India's biggest cement maker by capacity, reported better-than-expected third-quarter earnings, as strong volume growth outweighed a hit from weaker prices of the construction material.

UltraTech Cement reported a 16.5% year-on-year decline in Q3FY25 profit, with a standalone profit after tax of ₹1,434 crore, compared to ₹1,718 crore in the same quarter last year.