UltraTech Cement Q4 net at Rs 446 cr

UltraTech Cement Q4 net at Rs 446 cr

FPJ BureauUpdated: Wednesday, May 29, 2019, 10:28 PM IST
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New Delhi : Aditya Birla Group firm UltraTech Cement on Wednesday reported a consolidated net profit of Rs 446.13 crore for the fourth quarter ended on March 31, 2018.

The company had posted a net profit of Rs 726.09 crore in the January-March quarter a year ago, UltraTech Cement said.

UltraTech’s net sales were at Rs 9,420.76 crore during the quarter under review against Rs 7,923.80 crore in the corresponding period of the previous fiscal.

“During the fourth quarter of the fiscal year 2017-18, the company recorded a robust growth of 31 per cent in volumes with a 5 per cent increase in realisation,” UltraTech Cement said.

“The quarter continued to witness increase in input costs attributable to rise in pet coke and coal prices and the ban on pet coke usages. Regardless, the company registered a 19 per cent PBIDT growth (profit before interest, depreciation and tax) during the quarter and a 15 per cent PBIDT growth for the year,” the cement maker added.

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