UltraTech 3Q net profit rises 93% on improved demand

UltraTech 3Q net profit rises 93% on improved demand
Published: 23 January 2012

Tagged Under: UltraTech Cement New project 

India’s largest cement producer, UltraTech Cement, reported a 93 per cent rise in 3QFY12 net profit thanks to a double-digit rise in cement demand but energy costs continue to weigh on the company's margins. However, the company says it is on-track with its expansion programme, namely two clinker plants which will raise capacity by 92Mta in just over a year's time.

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