UltraTech Cement announced a marginal decline in consolidated net profit for the quarter ended June 2015. During the quarter, the profit of the company declined 5.71% to Rs 5,911.30 million from Rs 6,269.20 million in the same quarter previous year.
Revenues for the quarter rose 6.63% to Rs 64,321.50 million, compared with Rs 60,324 million for the prior year period.
Operating margin for the quarter stood at 13.99 percent as compared to 13.25 percent for the previous year period. Operating Income for the quarter was Rs 8,995.80 million, compared with Rs 7990.2 million in the previous year period.
Earnings per share for the quarter stood at Rs 21.53, registering 5.78% decline over previous year period.
With the governments' focus on infrastructure development, housing sector, smart cities, roads etc., the company is positioned across the country to meet the expected rise in demand and participate in the next phase of growth in the country.
Quarterly Results - Consolidated (Rs in mn) |
As at | Jun - 15 | Jun - 14 | %Change |
Revenues | 64,321.50 | 60,323.60 | 6.63 |
Net Profit | 5,911.30 | 6,269.20 | (5.71) |
Diluted EPS | 21.53 | 22.85 | (5.78) |
Shares of the company gained Rs 21.35, or 0.66%, to trade at Rs 3,238. The total volume of shares traded was 38,340 at the BSE (2.34 p.m., Monday).