UltraTech Cement’s Q1 consolidated net profit declines 30%

18 Jul 2018

UltraTech Cement has reported results for first quarter ended June 30, 2018.

The company has reported a fall of 32.81% in its net profit at Rs 598.39 crore for the quarter under review as compared to Rs 890.62 crore for the same quarter in the previous year. However, total income of the company increased by 13.57% at Rs 8728.13 crore for Q1FY19 as compared Rs 7685.45 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 29.54% in its net profit at Rs 632.04 crore for the quarter under review as compared to Rs 896.99 crore for the same quarter in the previous year. However, total consolidated income of the company increased by 12.35% at Rs 9094.08 crore for Q1FY19 as compared Rs 8094.50 crore for the corresponding quarter previous year.

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