UltraTech Cement posts Q3 net profit of Rs 390.43 crore

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Press Trust of India New Delhi
Last Updated : Jan 24 2019 | 3:35 PM IST

Aditya-Birla group firm UltraTech Cement Thursday reported a consolidated net profit of Rs 390.43 crore for the third quarter ended December 2018.

It had reported a net profit of Rs 456.66 crore in the October-December quarter of the last financial year, UltraTech said in a BSE filing.

UltraTech Cement's total income was at Rs 9,492.94 crore during the quarter under review. It was Rs 8,056.54 crore in the corresponding quarter a year ago.

"Domestic sales volume jumped 15 per cent over Q3FY18," said UltraTech Cement in a statement.

It further added, higher fuel and energy costs, coupled with rupee depreciation resulted in costs increasing by 11 per cent over Q3FY18. Additionally, interest costs are higher due to the loans raised for the acquisition of UNCL."

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First Published: Jan 24 2019 | 3:35 PM IST

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