Cement News tagged under: 3QFY19

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UltraTech increases net profits to INR92.6m in 3QFY19

25 January 2019, Published under Cement News

UltraTech reported net sales of INR92,580m (US$1.299bn) in 3QFY19 up 19 per cent from INR77,790m in 3QFY19. Profits before interest, depreciation and tax was INR15,480m, up from INR14,940m in the corresponding period a year earlier. The company saw domestic sales volume rise by 15 per cent over 3QFY18, but higher fuel and energy costs, along with rupee depreciation resulted in costs increasing by 11 per cent on 3QFY18. UltraTech has fully integrated the 21.2Mta cement capacity acquired i...