UltraTech Cement misses Q4 profit estimates

FILE PHOTO: UltraTech Cement
| Photo Credit:
AMIT DAVE
UltraTech Cement, India’s biggest cement maker by capacity, reported fourth-quarter profit below market expectations on Monday, pressured by weak pricing and higher costs.
Consolidated net profit for the company came in at ₹2,482 crore ($292 million) in the three months ended March 31, compared to analysts’ average estimate of ₹2,631 crore, per data compiled by LSEG.
More Like This

Published on April 28, 2025
Post Comment