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UltraTech Cement June-quarter consolidated profit up 15 percent

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REUTERS: UltraTech Cement Ltd reported a 15 percent rise in June-quarter consolidated net profit on Tuesday.

Consolidated net profit rose to 8.98 billion rupees ($139.6 million) in the quarter ended June 30, from 7.80 billion rupees a year earlier, India's largest cement maker by market-capitalisation said in a statement. 

The results include those of cement plants of Jaiprakash Associates Ltd and Jaypee Cement Corp Ltd acquired in terms of a scheme of arrangement, the company said.

UltraTech's consolidated total income grew about 7 percent to 80.95 billion rupees in the June quarter.

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