Home / NEWS / UltraTech Q1 Net Seen Down 12%, Topline May Grow 7% – Ways2Capital

UltraTech Q1 Net Seen Down 12%, Topline May Grow 7% – Ways2Capital

images (9)UltraTech Cement ‘s standalone profit after tax is expected to fall 12 percent year-on-year to Rs 549 crore in the quarter ended June. Higher interest and depreciation cost associated with acquisition of Jaiprakash Associates ’ Gujarat plants may impact the bottomline. The company will announce its earnings on July 20. Total income from operations is seen rising 7 percent to Rs 6,088 crore in the first quarter of financial year 2015-16 from Rs 5,692 crore in the year-ago period led by capacity growth.

Read more at: http://ways2capital.blogspot.in/2015/07/ultratech-q1-net-seen-down-12-topline.html#sthash.BQfHQDvz.dpuf

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