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UltraTech Cement Q1 net profit up 15% to Rs 898 crore

Reuters / 18 Jul 17 | 04:10 PM

UltraTech Cement Ltd reported a 15 per cent rise in June-quarter consolidated net profit on Tuesday.

Consolidated net profit rose to Rs 898 crore ($139.6 million) in the quarter ended June 30, from Rs 780 crore a year earlier, India's largest cement maker by market-capitalisation said in a statement.

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The results include those of cement plants of Jaiprakash Associates Ltd and Jaypee Cement Corp Ltd acquired in terms of a scheme of arrangement, the company said.

UltraTech's consolidated total income grew about 7 per cent to Rs 8,095 crore in the June quarter.

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