UltraTech Cement posts 11 per cent drop

UltraTech Cement posts 11 per cent drop
25/04/2017 , by , in ALLIED

UltraTech Cement on posted 11.25 per cent YoY fall in consolidated net profit for the quarter ended December 31.

For the quarter under review, the company reported a consolidated net profit of Rs 726 crore as against Rs compared with Rs. 818 crore in the same period last year crore in the same period last year.

Total consolidated revenue for the quarter came in at Rs 6,922 crore, up 2.59 percent YOY from Rs 6,747 crore in the year-ago quarter.

UltraTech Cement reported an operating profit of Rs 1577 crore for the quarter ended March compared with Rs 1605.0 crore a year earlier.

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