UltraTech Cement sales rise by 27% to US$1.3bn in quarter to June 2018

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India: UltraTech Cement’s consolidated net sales rose by 27% year-on-year to US$1.3bn in the quarter that ended on 30 June 2018 from US$1.01bn in the same period in 2017. However, its profit after tax dropped by 30% to US$92m from US$131m.

The cement producer also said that it agreed to buy the cement assets of Century Textiles & Industries in the reported quarter and that it commissioned a 1.75Mt/yr grinding unit at its Manawar plant in Dhar District, Madhya Pradesh.

Last modified on 18 July 2018

URL: https://www.globalcement.com/news/item/7803-ultratech-cement-sales-rise-by-27-to-us-1-3bn-in-quarter-to-june-2018

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