UltraTech Cement reports 15% rise in Q4 net profit

UltraTech Cement has reported results for fourth quarter and year ended March 31, 2014 The company has reported 15.40% rise in net profit of Rs 838.00 crore for the quarter ended March 31, 2014 as against Rs 726.20 crore for the corresponding period last fiscal. Total income of the company has increased by 7.96% at Rs 6017.62 crore for quarter under review as compared to Rs 5573.89 crore for the quarter ended March 31, 2013. For the full year ended March 31, 2014, the company has reported a fall of 19.24% in its net profit at Rs 2144.47 crore as compared to Rs 2655.43 crore for FY13. Total income has increased marginally by 0.60% at Rs 20608.84 crore for year under review as compared to Rs 20484.96 crore for the year ended March 31, 2013. For the year ended March 31, 2014, on the consolidated basis, the company has posted a fall of 17.62% in its net profit after taxes and minority interest at Rs 2206.03 crore as compared to Rs 2677.73 crore for the same period in the previous year. Total income from operations of company has increased marginally by 1.61% at Rs 21974.92 crore for year under review as compared to Rs 21627.70 crore for the period ended March 31, 2013.