According to the company, its net profit rose to Rs 897 crore from Rs. 780 crore reported for the corresponding quarter of last fiscal.
Besides, the company's consolidated net sales rose to Rs 6,938 crore for the quarter under review as compared to Rs 6,535 crore earned during the corresponding period of the previous year.
"This quarter also witnessed increasing cost trends, primarily attributable to energy and logistics cost on account of increase in fuel prices," UltraTech Cement said in a statement.
"The company completed the acquisition of the cement plants of Jaiprakash Associates and Jaypee Cement Corporation...with a capacity of 21.2 million tons. With this acquisition the cement capacity of the company stands at 93 mtpa."
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
About VDC
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.