UltraTech Cement Q2 Profit Rises 21% to Rs 1,501 Crore
UltraTech Cement reported consolidated net profit of Rs 1,501 crore, up 21% year on year. Net sales rose to Rs 23,024 crore, while higher fuel and raw material costs weighed on earnings.
Strong domestic cement volumes lift September-quarter earnings, with net sales up 18.9 per cent to Rs 23,024 crore; higher fuel and raw material costsUltraTech Cement, India's largest cement producer by capacity, reported a 21.3 per cent year-on-year rise in consolidated net profit to Rs 1,501 cror…