UltraTech Cement’s Q1FY14 net profit declines by 14%

Ultratech Cement Ltd. | Cement & Construction Materials | Construction & Infrastructure | BSE: 532538 | NSE: ULTRACEMCO

29 Jul 2013 Evaluate

UltraTech Cement has reported results for the quarter ended June 30, 2013.

The company’s net profit for the quarter declined by 13.59% at Rs 672.60 crore as compared to Rs 778.39 crore for the corresponding quarter of previous fiscal. Company’s total Income has decreased by 0.25% at Rs 5145.75 crore for the quarter under review from Rs 5158.83 crore for the June quarter of the previous fiscal.

UltraTech manufactures and markets Ordinary Portland Cement, Portland Blast Furnace Slag Cement and Portland Pozzalana Cement. The company has 11 integrated plants, one white cement plant, one clinkerisation plant in UAE, 15 grinding units 11 in India, 2 in UAE, one in Bahrain and Bangladesh each and five terminals, four in India and one in Sri Lanka.

Peers

Company Name	CMP
Ultratech Cement	11100.00
Ambuja Cements	384.75
ACC	1236.65
Shree Cement	22342.90
Dalmia Bharat	1698.10
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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