Monday 20 January 2014

Ultratech Cement reports 38% fall in Q3 net profit

Ultratech Cement has reported results for third quarter ended December 31, 2013.

The company has reported 38.46% fall in its net profit at Rs 369.76 crore for the quarter as compared to Rs 600.81 crore for the same quarter in the previous year. Total income from operation of the company has decreased by 1.32% at Rs 4817.85 crore for quarter under review as compared to Rs 4882.07 crore for the quarter ended December 31, 2012.

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.

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