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Ultratech Cement reports over 2-fold jump in Q4 consolidated net profit

Ultratech Cement reports over 2-fold jump in Q4 consolidated net profit

Mumbai : Ultratech Cement has reported results for fourth quarter and year ended March 31, 2019. The company has reported 2-fold jump in its net profit at Rs 1,017.47 crore for the quarter under review as compared to Rs 487.95 crore for the same quarter in the previous year. Total income of the company increased by 18.45% at Rs 10,640.41 crore for Q4FY19 as compared Rs 8,982.78 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 1,034.21 crore for the quarter under review as compared to Rs 446.13 crore for the same quarter in the previous year. Total income of the company increased by 17.34% at Rs 11,031.27 crore for Q4FY19 as compared Rs 9,401.49 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 10.06% in its net profit at Rs 2,455.72 crore as compared to Rs 2,231.28 crore for the previous year. Total income of the company increased by 17.26% at Rs 36,174.95 crore for year under review as compared to Rs 30,851.30 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 9.31% in its net profit at Rs 2,431.59 crore as compared to Rs 2,224.46 crore for the previous year. Total income of the company increased by 16.50% at Rs 37,817.27 crore for year under review as compared to Rs 32,461.02 crore for year ended March 31, 2018.



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