Ultratech Cement Q3 consolidated net profit rises 8% to Rs 1,708 cr

Revenue from operations rose by 5.89% to Rs 12,984.93 crore during the quarter under review

Cement major Ultratech Cement on Monday reported 8% rise in consolidated net profit at Rs 1,708 crore for the quarter ending December 31, 2021. It was Rs 1,584 crore in the year-ago period.

Consolidated net sales rose marginally to Rs 12,710 crore as compared to Rs 12,144 crore a year ago.

"With the omicron variant of COVID-19 spreading rapidly, its impact on the economy remains to be seen. With business continuity plans in place, UltraTech is better placed to tide over the current wave of the pandemic. As in the earlier waves, it continues to closely monitor the situation and