UltraTech Cement Reports 21% Profit Increase in September Quarter
UltraTech Cement reported a 21% year-on-year increase in profit for the September quarter. Its chief said India’s cement industry is in a “sweet spot” and expects prices to improve in the coming months.
Nikita Periwal Mumbai: The cement industry in India is in a "sweet spot", said market leader UltraTech Cement's chief, optimistic that prices will continue to improve in the next few months. The Aditya Birla Group company on Monday reported a 21% year-on-year increase in profit for the September qu…