Read this story to learn about Q2- highlights, performance, earnings, dividend updates, market performance, etc.,
· Net profit saw a massive surge of 69% YoY · Total income jumped by 15.20% YoY · Total revenue from operations jumped by 15.3% YoY basis
· UltraTech Cement Limited reported a net profit of ₹1,280.38 Cr · The company announced a total income of ₹16,179.26 Cr · UltraTech’s consolidated net sales amounted to ₹15,735 Cr
Concomitantly, the expenses also shot up during the quarter. For the quarter under review, the company reported a total expense of ₹14,493.01 Cr, a 12.5% increase.
The company has partnered with the World Economic Forum’s “Moving India” initiative, which is India’s 1ˢᵗ zero-emissions road freight initiative.
Source: Ultratech Financial Report – Q2 Report, BSE