UltraTech Cement, the country’s largest cement company with a capacity of 52 million tonne a year, has reported a rise of about 19% in its net profit at Rs 867 crore for the March quarter as compared to Rs 726 crore, beating estimates on higher volumes. The company’s net sales rose 18.8% over the same period to Rs 5,337 crore.

The company has posted 74.20% rise in its net profit at Rs 2,446.19 crore for the year under review as compared to Rs 1,404.23 crore in the previous year. Total income rose 38.74% to Rs 18,685.00 crore for FY12 as compared to Rs 13,468.03 crore in FY11.

Demand for cement in India, the world’s largest producer after China, is expected to rise 7-8% this year as lower interest rates help to kick-start construction activity, but rising costs would force companies to increase prices to protect margins.

Part of the diversified Aditya Birla Group, UltraTech competes with Holcim-controlled ACC and Ambuja Cement as well as Jaiprakash Associates in the Indian market.

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Ultratech Cement Share Price

6114.60 -286.15 (-4.47%) Feb 26, 18:55
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Company Name CMP
Ultratech Cement 6114.60
ACC 1732.95
Shree Cement 26506.65
Ambuja Cement 273.65
Dalmia Bharat 1434.75
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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