UltraTech Cement net zooms
UltraTech Cement has disclosed a phenomenal jump in net profits for the quarter ending in March 2006. During the quarter, the company witnessed a 1549.80 per cent rise in profits from Rs49.40m to Rs. 815m. Sales for the quarter rose 40.85 per cent to Rs. 10,223.60m compared with the corresponding quarter, a year ago.
Operating margins improved to 13.39 per cent during the quarter, a rise of 548.44 basis points compared with the corresponding quarter. Net margins, on the other hand, rose from 0.68 per cent to 7.92 per cent during the quarter. Published under Cement News
