UltraTech Q4 FY11 Results : Net profit surges 3.18 times

by khalid on 26/04/2011 · 0 comments

India’s largest cement maker UltraTech Cement Limited has posted a net profit for the period Q4 (ending Mar 11) of the current fiscal (FY10-11). During the said quarter, consolidated net profit surges to Rs 726 crores in comparison to Rs 228 crores of Q4 (ending Mar 10) of previous year (FY09-10). UltraTech Cement Limited has an annual capacity of 23.1 million tons. It manufactures and markets ordinary portland cement, portland blast furnace slag cement and portland pozzalana cement. It also manufactures ready mix concrete (RMC). UltraTech Cement Limited has five integrated plants, six grinding units and three terminals: two in India and one in Sri Lanka. It is an exporter of cement clinker. The Company’s subsidiaries include Dakshin Cement Limited, UltraTech Cement Lanka (Pvt.) Ltd. and UltraTech Cement Middle East.

The company informed the share market (BSE/NSE) that the total income rose to Rs 4599 crore in Q4 (ending Mar 2011) of the current fiscal (FY10-11) when compared with the same quarter Q4 (ending Mar 2010) of previous year (FY09-10). Total income was Rs 1935 crores in last year’s quarter Q4.

This result is strictly not comparable with the corresponding period on account Samruddhi’s merger which took place w.e.f. 1st Jul 2010. The board of directors recommended a final dividend of Rs 6 per share (60% on face value of Rs 10) for the year FY10-11.

Share’s Data :-
BSE Code : 532538
Mkt. Cap : Rs 29,061.81 Crores
UltraTech Cement Ltd. share’s CMP is Rs 1,060.65 on 26th Apr 2011.

Stay tuned to BelltheBull Blog for more news on UltraTech Cement Limited !

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