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UltraTech Cement reports 2-fold jump in Q2 consolidated net profit

21 Oct 2020 Evaluate

UltraTech Cement has reported results for second quarter ended September 30, 2020.

The company has reported 89.04% rise in its net profit of Rs 1208.67 crore for the quarter under review as against net profit of Rs 639.19 crore for the same quarter in the previous year. Total income of the company marginally increased by 7.61% at Rs 10165.04 crore for Q2FY21 as compared Rs 9446.14 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 2-fold jump in its net profit attributable to owners at Rs 1234.38 crore for the quarter under review as against net profit of Rs 579.10 crore for the same quarter in the previous year. Total income of the company marginally increased by 7.45% at Rs 10489.10 crore for Q2FY21 as compared Rs 9762.12 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Ultratech Cement 11050.10
Ambuja Cements 348.50
ACC 1130.30
Shree Cement 23069.05
Dalmia Bharat 1324.70
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