UltraTech Cement reports profit growth as India Cements returns to profitability

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UltraTech Cement reported a 17% rise in June-quarter net profit to ₹2,604 crore, with revenue up 16% to ₹24,648 crore, helped by better realisations and higher sales volumes.
A key driver was the turnaround of India Cements, which posted a net profit of ₹52 crore against a loss of ₹183 crore a year earlier.
The company crossed 200 MTPA domestic capacity in April and is expanding via greenfield, brownfield and debottlenecking projects.
It has also invested ₹888 crore in a new wires and cables venture, with the plant expected to be commissioned by end of this year.

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Named India · Aditya Birla Group · India Cements · UltraTech Cement

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