UltraTech Q4 beats estimates, profit rises 11% on strong EBITDA
UltraTech Cement 's fourth quarter earnings beat analysts' expectations on all counts Monday with standalone profit rising 10.9 percent year-on-year to Rs 681.4 crore, helped by lower tax & finance cost and better operational performance. Revenue increased 4.7 percent to Rs 6,503.66 crore in January-March quarter compared to Rs 6,211 crore in same quarter last fiscal, driven by volume growth.
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