UltraTech Cement Q1 profit more than doubles to Rs 1,700 crore

ultratech cement

UltraTech Cement on July 22 said its June quarter consolidated profit more than doubled to Rs 1,700.03 crore against Rs 793.08 crore in the corresponding quarter of the previous financial year.

Revenue from operations jumped 54 percent year-on-year (YoY) to Rs 11,830 crore in Q1FY22 against Rs 7,671 in Q1FY21.

EBITDA for the said quarter came at Rs 3,307.5 crore against Rs 2,077.7 crore YoY while EBITDA margin stood at 27.96 percent against 27.08 percent YoY.

News Source:- Moneycontrol

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