Ultratech Cement, an Aditya Birla Group company, announced a net profit exceeding Rs 1,501 crore for the September quarter. This figure represents a 21.27 percent increase compared to the profit recorded in the same period last year.
The company's revenue saw a substantial rise, reaching Rs 23,295 crore from Rs 19,606 crore in the previous year. Including other income, the total revenue for the quarter stood at Rs 23,405 crore.
Increased sales and effective control over expenses were key factors contributing to the profit growth. The company's focus on premium products also played a role in boosting its profitability.
Despite total expenses rising to Rs 21,338 crore, the growth in revenue outpaced the increase in expenditures, leading to improved financial performance.
