UltraTech Cement - January 2016
UltraTech Cement has reported a seven per cent increase in domestic cement sales in the quarter ending 31 December 2015. Cement sales for the period stood at 11.26Mt, which, despite cement prices remaining subdued, was encouraging growth driven by operational efficiencies and lower energy costs. However, according to the company, this benefit was partially offset by an increase in costs due to the District Mineral Foundation levy.
