(20 second reading) The AV Birla group flagship UltraTech Cement on Monday reported a 35.2 percent on-year growth in net profit at Rs 2,258 crore(Vs.Rs.1670.10Crore last year) for the March quarter driven by robust demand for building materials and lower operating costs.
Revenue jumped at a much lower pace of 9.4 percent to Rs 20,419 crore on annualised basis but sequentially top line rose 21 percent.
For the full year, the company recorded a consolidated net sale of Rs 69,810 crore, up 12 percent on-year from Rs 62,338 crore from which it earned Rs 7,005 crore, more than 38 percent compared to Rs 5,064 crore in FY23.