UltraTech Cement Q2 Results: Net sales jumps 7.80% to Rs. 10,231 crores

 

UltraTech Cement Q2 Results: Net sales jumps 7.80% to Rs. 10,231 crores

UltraTech Cement Q2 Results: Today, the biggest dark concrete producer revealed its Q2 profit for the current monetary. On a year-on-year premise, the organization distributed a 113% development in its net benefit to Rs. 1,234 crores for the Q2 of FY21.

 

It had posted a net benefit of Rs. 579 crores in September 2020.

 

Then again, the organization announced net deals of Rs. 10,231 crores, raised by 7.80% from Rs. 9,486 crores.

 

As per the money related reports, the UltraTech Cement association's operational income for the second quarter of FY21 remained at Rs. 10,354.21 crores. Moreover, the organization posted all out income of Rs. 10,489.10 crores for the Q2 of FY21. Be that as it may, it had distributed Rs. 7,912.58 crores in the principal quarter of the current money related year.

 

Moreover, the organization has diminished the net obligation of Rs. 4,428 crores in the principal half of FY21. According to the source, It had diminished its net obligation of Rs. 2,209 crores in the quarter finished June 2020.

 

UltraTech Cement Limited is an auxiliary of Aditya Birla Group. The organization showcases its items under the brand name of Birla White.

 

The authorities of UltraTech said that the operational capacities and its ability to serve all Indian business sectors are the significant purposes behind its solid income.

 

On Wednesday, the shares of UltraTech Cement raised 1.93% to Rs. 4,631.95.

 

Stock Market October 21st: 

 

On Wednesday, both the Sensex and Nifty exchanged a bullish pattern in the financial exchange. The BSE Sensex increased 162.94 focuses at 40,707.31 level with a 0.40% addition. Plus, the Nifty raised 40.85 focuses with a 0.34% expansion at 11,937.65 level.

 

Then again, the quantity of affirmed or Covid cases in India arrived at 76,51,107 as of 21st October, and passings arrived at 1,15,914.

 

In the outskirt showcases, the S&P BSE Small-Cap detailed a bullish pattern in the securities exchange. It increased 4.54 focuses with a 0.03% expansion and arrived at 14,900.68 level. The S&P BSE Mid-Cap raised 33.42 focuses with a 0.23% increase and arrived at 14,808.54 level. While the Nifty Bank progressed 323.25 focuses with a 1.33% increase and arrived at 24,635.05 level.