UltraTech Cement Beats Quarterly Profit Estimates
India's largest cement maker reported a 20.2% rise in quarterly profit to 29.83 billion rupees today. Results exceeded analyst views due to strong construction demand.
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ULTRATECH CEMENT LTD, the largest cement producer in India by capacity, has exceeded market expectations with its fourth-quarter financial results. The company reported a significant rise in earnings, attributed to a surge in construction demand supported by favorable weather conditions across the subcontinent.
