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Monday, October 17, 2016

UltraTech Cement Q2 net seen up 40%, income may fall 2%



During the period, its operating profit may climb 12 percent at Rs 1110 crore versus Rs 989 crore while operating profit margin may stand at 20 percent against 17.4 percent.

Net profit of UltraTech Cement   may rise 40 percent to Rs Rs 550 crore in July-September quarter from Rs 393.9 crore in corresponding quarter last fiscal. According to CNBC-TV18 poll, the cement major's total income, however, may slip 2.4 percent at Rs 5545 crore compared to Rs 5682 crore in year-ago period.

During the period, its operating profit may climb 12 percent at Rs 1110 crore versus Rs 989 crore while operating profit margin may stand at 20 percent against 17.4 percent.


More will update soon!!