India's Ultratech Cement Q2 Profit Reports Slump Of 42%

0 0
0 0
India's Ultratech Cement Q2 Profit Reports Slump Of 42%
Read Time:35 Second


UltraTech Cement reported a 42.5% slump in September-quarter profit.(File)

Bengaluru:

India’s top cement maker UltraTech Cement reported a 42.5% slump in September-quarter profit on Wednesday, dented by a surge in overall expenses and lower demand.

Consolidated net profit for the quarter was at 7.56 billion Indian rupees ($91.77 million) against 13.14 billion rupees a year ago.

Analysts, on average, had expected the company to report a profit of 8.58 billion rupees for the latest quarter, according to IBES data from Refinitiv.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



Source link

About Post Author

Newslaava

“I am an architect, animator and teacher working in architecture and design at __india__. This site is a great resource for anyone looking to get more updates from their home. Fill your home (heart) with more trending accessories from choosing the best colors for your mind room. NewsSalava.com will rob your heart .... Cool
Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Comment

The Buccaneers offence is not strong, no. But is it sufficient? engaland world cup: An employee of the US Embassy in London was fired Giannis Antetokounmpo took control as the Bucks beat the Cavaliers. Eagles coach Nick Siriani: ‘I’m emotional because I love Frank Reich’ Yes Manika Batra the first Indian woman paddler to win a bronze medal