UltraTech Cement Q2 net profit up 68.75% to Rs 1,280cr, sales at Rs 16,012.13cr

UltraTech Cement Ltd has reported a 68.75% increase in net profit for the second quarter, reaching Rs 1,280.38 crore. The company attributes the growth to positive cement demand from various sectors, including government-led infrastructure projects and urban residential demand. Consolidated revenue from operations also rose to Rs 16,012.13 crore, compared to Rs 13,892.69 crore in the same period last year.

Oct 19, 2023 - 18:30
UltraTech Cement Q2 net profit up 68.75% to Rs 1,280cr, sales at Rs 16,012.13cr
UltraTech Cement Ltd has reported a 68.75% increase in net profit for the second quarter, reaching Rs 1,280.38 crore. The company attributes the growth to positive cement demand from various sectors, including government-led infrastructure projects and urban residential demand. Consolidated revenue from operations also rose to Rs 16,012.13 crore, compared to Rs 13,892.69 crore in the same period last year.