Net Profit of Ultratech Cement Has Fell Down by 22.8%, Reason Increase in Fuel and Coal Price

UltraTech1

Delhi: - UltraTech Cement current market price Rs 7302.8. The largest cap company in cement sector, incorporated in the year 2000. On Monday reported a net profit of Rs1,310.34 crore in the quarter end of September against Rs 1,310.06 crore fell in three months because of account rise in coal and pet-coke prices. Rising fuel cost becomes a major challenge for any cement company. Weather its coal or motor fuel thatís become the biggest cost pie. It has already accrued cement price by Rs. 10-15 in October week. It also expected to reduce dependence on external sources for coal, which is in short supply all over India, by resuming mining operations at MPís Bichapur plan from December. 


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