UltraTech Cement Stock Jump More than 4 percent today due to Company fourth quarter of FY 2019 Profit of 1017.5 Carore

In the Fourth quarter of FY 2019, standalone profits of Ultra Tech Cement have gone up to Rs 1017.5 crores. In the fourth quarter of fiscal year 2018, standalone profit of Ultra Tech Cement was Rs 488 crores.

In the fourth quarter of fiscal year 2019, standalone income of Ultra Tech Cement has increased by 18.3 percent to Rs 10,500 crore. In the fourth quarter of fiscal year 2018, the standalone income of Ultra Tech Cement was Rs 8,872 crore.

In the fourth quarter of the financial year 2019, standalone EBITDA of Ultra tech Cement has risen from Rs. 1,703 crores to Rs. 2,213 crores. On the year-on-year basis, standalone debit margin of Ultra tech Cement in the fourth quarter of FY 2019 has increased from 19.2% to 21%.

On the year-on-year basis, the company domestic sales in the fourth quarter of fiscal year 2019 were 16 percent. The company board has announced dividend of Rs 11.50 per share.

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