(Photo: Mint)
(Photo: Mint)

UltraTech Cement Q1 net profit up 91.4% to 1,208.03 crore

  • Net sales rise 14.35% to 10,177.63 crore during June quarter as against 8,900.18 crore in the corresponding quarter last fiscal
  • Shares of UltraTech Cement drop 2.57% to settle at 4,231.70 on the BSE

NEW DELHI : UltraTech Cement Ltd on Thursday reported a 91.38% jump in its consolidated net profit at 1,208.03 crore for the first quarter ended June, 2019.

The company had posted a consolidated net profit of 631.21 crore in the April-June period a year ago, UltraTech Cement said in a BSE filing.

Its net sales rose 14.35% to 10,177.63 crore during the quarter under review as against 8,900.18 crore in the corresponding quarter last fiscal.

The Aditya Birla Group firm's total expenses rose 5.51% to 8,509.81 crore as against 8,064.96 crore a year ago. Shares of UltraTech Cement on Thursday settled at 4,231.70 on the BSE, down 2.57% from previous close.

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