UltraTech Q4 profit falls 29% to Rs 488 crore
UltraTech Cement on Wednesday reported a 29 per cent YoY drop in standalone net profit at Rs 488 crore for the March quarter. This is after accounting for extraordinary items (net of tax) and one-time charge of deferred tax on opening liability due to change in effective income‐tax rate, the company said. The results included cement plants acquired from Jaiprakash Associates and Jaypee Cement.
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