Business Friday, July 18, 2008

Ultratech Cement net up two percent to $66.25 mn

From correspondents in Maharashtra, India, 04:33 PM IST

The Aditya Birla group-promoted Ultratech Cement has announced a net profit of $66.25 million (Rs.2.65 billion) during the first quarter this fiscal, compared to $64.84 million (Rs.2.59 billion) for the corresponding period the previous year, registering a growth of two percent.

For the latest quarter ending June 30, the total income increased to $380.64 million (Rs.15.22 billion), from $346.17 million (Rs.13.84 billion) in the corresponding quarter last year.

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