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UltraTech Cement fourth-quarter profit falls 39 percent

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Reuters
Last Updated : Apr 25 2018 | 3:26 PM IST

(Reuters) - India's UltraTech Cement Ltd, part of the Aditya Birla Group, posted a 38.5 percent fall in fourth-quarter profit on Wednesday, as higher expenses weighed.

Net profit fell to 4.46 billion rupees ($66.80 million) for the quarter ended March 31, from 7.26 billion rupees a year ago, the company said https://www.bseindia.com/xml-data/corpfiling/AttachLive/79f3e6bb-b5b3-4e8d-a4ca-cdcc2b3da0ac.pdf.

Revenue from operations rose 29 percent to 94.21 billion rupees.

(Reporting by Tanvi Mehta in Bengaluru; Editing by Biju Dwarakanath)

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First Published: Apr 25 2018 | 3:23 PM IST

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