UltraTech Cement June-quarter consolidated profit up 15 percent
UltraTech Cement June-quarter consolidated profit up 15 percent
UltraTech Cement Ltd
reported a 15 percent rise in June-quarter consolidated net profit on Tuesday.
Consolidated net profit rose to 8.98 billion rupees ($139.6 million) in the quarter ended June 30, from 7.80 billion rupees a year earlier, India`s largest cement maker by market-capitalisation said in a statement. (http://bit.ly/2tl1yMN)
The results include those of cement plants of Jaiprakash Associates Ltd and Jaypee Cement Corp Ltd acquired in terms of a scheme of arrangement, the company said.
UltraTech`s consolidated total income grew about 7 percent to 80.95 billion rupees in the June quarter.($1 = 64.3300 Indian rupees)
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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