UltraTech clocks 120% jump in net profit at Rs 1,584 cr in Q3
New Delhi: Aditya Birla Group cement maker UltraTech has clocked 120 percent jump in consolidated net profit at Rs 1,584 crore for the third quarter of the current fiscal. The same was Rs 711 crore in the same quarter of the previous fiscal.
The consolidated revenue from operations of the company jumped 17 percent Rs 12,254 crore as compared to 10,439 crore in the same quarter of the previous fiscal.
The net debt decline during the third quarter was Rs 2,696 crore. In the third quarter, the company had a volume increase of 14 percent and reached 23 million tonne, the company said in a statement.