At 12:05 pm, UltraTech Cement shares had been buying and selling decrease by 1.31 per cent on BSE
UltraTech Cement shares shed greater than 1 per cent on the BSE in early-noon buying and selling after the Aditya Birla group firm reported a decline in internet revenue within the fourth quarter ended March 2021. At 12:05 pm, the shares of UltraTech Cement had been buying and selling at Rs 6,400, decrease by Rs 84 or 1.31 per cent, on the BSE.
UltraTech Cement reported a internet revenue of Rs 1.775 crore within the January-March quarter of economic 12 months 2020-21, in comparison with Rs 3,236.85 crore in corresponding quarter of the earlier fiscal, marking a forty five per cent decline on a year-on-year foundation.
UltraTech Cement’s income from operations stood at Rs 14,405.61 crore within the March quarter, the corporate stated in a regulatory submitting to the inventory exchanges. Profit earlier than curiosity, depreciation, and tax stood at Rs 3,751 crore in the course of the quarter, in comparison with Rs. 2,645 crore within the corresponding interval of the earlier fiscal 12 months.
Meanwhile, UltraTech Cement’s board of administrators has really useful a dividend of 370 per cent i.e. Rs 37 per share.
The BSE Sensex was buying and selling at 49,538.95, larger by 333.17 factors or 0.68 per cent and the NSE Nifty was at 14,938.70, up 115.70 factors or 0.78 per cent.
