Edition:
India

India's Ultratech Cement March-Qtr Profit Rises


Wednesday, 24 Apr 2019 

April 24 (Reuters) - UltraTech Cement Ltd ::MARCH-QUARTER NET PROFIT 10.17 BILLION RUPEES VERSUS 4.88 BILLION RUPEES.MARCH-QUARTER REVENUE FROM OPERATIONS 105 BILLION RUPEES VERSUS 88.72 BILLION RUPEES.CONSENSUS FORECAST FOR MARCH QUARTER NET PROFIT WAS 7.79 BILLION RUPEES.RECOMMENDED DIVIDEND OF 11.5 RUPEES PER SHARE.LAST YEAR MARCH QUARTER HAD AN EXCEPTIONAL ITEM OF 2.26 BILLION RUPEES.CONTINUES TO BE RELATIVELY LOW INCREASE IN NEW CAPACITY IN CEMENT INDUSTRY.SAYS IS IN THE PROCESS OF SELLING NON CORE ASSETS ACQUIRED IN UAE/CHINA.