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UltraTech Q1 PAT up 22% to Rs 683 cr

Thursday 28th Jul 2011 143

New Delhi : UltraTech Cement today reported a profit after tax (PAT) of Rs 683 crore for the April-June quarter, against that of Rs 558 crore for the same period last year, on the back of increased sales.

The Aditya Birla Group company also said it would spend over Rs 11,000 crore in the next three years on expanding capacity. The proposed expansion, which would be over by the first quarter of FY14, will take its cement making capacity to over 61 million tonne per annum from 52 million tonne now.

Net sales of the company stood at Rs 4,365 crore during the April-June period compared to Rs 3,990 crore in the same period of last fiscal.

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