Business

UltraTech Cement Second Quarter Earnings Down 23% From June-End Duration

   Download Android App    Share in      FullScreen   CheckVideos

UltraTech Cement tape-recorded a dip in second quarter earnings over June-end periodIndia's biggest cement manufacturer UltraTech Cement Limited reported a net revenue of Rs 1,313.53 crore for the second quarter of the current fiscal, which was 23 percent below Rs 1,702.63 crore of the previous quarter.The dip in July-September quarter net revenue was basically because of higher costs.

On a year-on-year (YOY) basis though, there was an increase of 13 percent from the adjusted net profit of Rs 1,166 crore.The business's combined profits stood at Rs 12,017 crore during the September-end quarter, 1.6 percent more than Rs 11,830 crore of the very first quarter of the present fiscal.On a YOY basis, the income was higher by 15.7 percent from Rs 10,387 crore of the matching duration of last year.

UltraTech is positive of weathering the storm of boost in prices of coal, diesel, and other inputs, with its sustainable efficiency enhancement programs, accompanied by a boost in selling prices to take in the boost in expenses, it stated in a declaration.




Unlimited Portal Access + Monthly Magazine - 12 issues-Publication from Jan 2021

Buy Our Merchandise (Peace Series)

 

Contribute US to Start Broadcasting


It's Voluntary! Take care of your Family, Friends and People around You First and later think about us. Its Fine if you dont wish to contribute and if you wish to contribute then think about the Homeless first and Feed them. We can survive with your wishes too :-). You can Buy our Merchandise too which are of the finest quality.

Debit/Credit/UPI

UPI/Debit/Credit

Paytm

STRIPE

Details
Category: Business


20