Ultratech Cement Q4FY17 results
Nidhi Jani / 24 Apr 2017
The company reported PAT of Rs. 726 crore which represents a sequential QoQ increase of 22.43 per cent and a YoY decline of 11.25 per cent.
Ultratech Cements Ltd. reported its results for the quarter ended March 31, 2017 today. The consolidated numbers were largely above the estimates.
The company posted total sales of Rs. 7019.81 crore for Q4FY17, which represents a 17.04 per cent sequential increase and 2.95 per cent YoY increase.
Its operating profit (EBIT) for the quarter was Rs 980.54 crore and its EBIT margin stood at 13.97 per cent.
The company reported PAT of Rs. 726 crore which represents a sequential QoQ increase of 22.43 per cent and a YoY decline of 11.25 per cent.
It has declared dividend of Rs. 10 per share for the face value of Rs. 10 per share.
The company's stock pened for trading at Rs 3978.30, touched its 52 week high of Rs 4206.8 on the BSE and was trading at Rs. 4136.05 on an intra-day basis.
UltraTech Cement Ltd is an Indian cement company and a part of the Adithya Brila Group. The company manufactures and markets ordinary Portland cement, Portland blast furnace slag cement and Portland Pozzalana cement. It also manufactures ready mix concrete (RMC). The company has 11 integrated plants.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.