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News Details

UltraTech Cement Q1 net profit zooms 108.68% at Rs 1681.06 cr

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22/07/2021 15:00
The company reported standalone net profit of Rs 1,681.06 crore for the quarter ended June 30, 2021 as compared to Rs 805.57 crore in the same period last year, registering a year-on-year growth of 108.68 per cent.

Net revenue of the company rose substantially by 55.65 per cent at Rs 11,476.96 crore in April-June quarter of this fiscal as against Rs 7,373.63 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 53.27 per cent to Rs 8,304.94 crore from Rs 5,418.46 crore in year ago period.

Other Income dipped by 26.93 per cent at Rs 216.38 crore versus (Jun'20 Rs 296.11 crore).

Operating Profit surged by 62.24 per cent to Rs 3,172.02 crore as against Rs 1,955.17 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 4.22 per cent in June quarter.

Interest declined by 17.26 per cent y-o-y to Rs 275.89 crore, while Taxation increased by 127.63 per cent at Rs 833.73 crore (Jun'20 Rs 366.26 crore).