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UltraTech Cement Q2 net profit up 25% at Rs 613.64 crore

UltraTech Cement's net sales dropped to Rs 5,709 crore as against Rs 5,857 crore in the previous fiscal

Press Trust of India  |  New Delhi 

UltraTech Cement on Monday reported a 25 per cent growth in consolidated net profit at Rs 613.64 crore for the quarter ended September 30, 2016 on the back of lower expenses.   The flagship firm of the Aditya Birla Group had clocked a consolidated net profit of Rs 490.59 crore in the year-ago period, it said in a filing to BSE.   However, the consolidated total income from operations declined to Rs 6,508.62 crore over Rs 6,669.45 crore in the corresponding period last fiscal.   The total expenses declined to Rs 5,624.16 crore, over Rs 5,972.39 crore in the year-ago ...

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First Published: Mon, October 17 2016. 15:14 IST
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