 "Workers walk in front of an UltraTech concrete mixture truck at the construction site of a commercial complex on the outskirts of Ahmedabad")
UltraTech Cement today reported a 4.7 per cent rise in consolidated net profit at Rs 593.9 crore for the quarter ended December 31, on lower expenses.
The Aditya Birla Group firm’s consolidated net profit stood at Rs 566.7 crore in the year-ago period. However, consolidated total income from operations declined to Rs 6,761 crore from Rs 6,864.5 crore a year ago, a company statement said. The total expenses also came down to Rs 5,914.5 crore as compared to Rs 6,020.8 crore in the corresponding quarter of previous fiscal.
“Net sales stood at Rs 5,927 crore as compared to Rs 6,013 crore in
