Profit Jumps 27% As Volumes, Margins Beat Street Estimates
UltraTech Cement delivered a strong set of consolidated results for the December quarter, with earnings comfortably beating market expectations, driven by healthy volume growth, operating leverage and margin expansion. Net profit rose 27% year-on-year to Rs 1,729 crore, compared with Rs 1,363 crore in Q3 last year. Revenue increased 23% YoY to Rs 21,830 crore,…
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