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UltraTech profit falls 7% due to increased fuel and power costs hit

Beats first quarter estimate despite decline on both YoY and sequentially

Topics
UltraTech | Cement makers | cement pet coke

Viveat Susan Pinto  |  Mumbai 



Ultratech Cement
Workers walk in front of an UltraTech concrete mixture truck at the construction site of a commercial complex on the outskirts of the western Indian city of Ahmedabad | Photo: Reuters

UltraTech, the country's largest cement maker, on Friday reported nearly 7 per cent year-on-year decline in net profit to Rs 1,584 crore for the quarter ended June 31, 2022 (Q1). Sequentially, too, it plummeted 39.5 per cent.

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First Published: Fri, July 22 2022. 17:22 IST

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