UltraTech Cement reports 17% profit growth, plans expansion
pre-market1 source ↓written by the desknot a recommendation
- in consolidated net
- 17% year-on-year increase
UltraTech Cement reported a 17% year-on-year increase in consolidated net profit, driven by higher cement demand and improved operational efficiencies. The company plans a larger capacity expansion for FY2028, reflecting confidence in long-term demand despite challenges from rising fuel costs. Analysts note that pricing remains a key challenge for the sector.
Not investment advice. For informational purposes only.