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UltraTech Cement posts lower profit in FY15

  •   Sat, Apr 25 2015 05:48:41 PM

Chennai, April 25 (IANS): Cement major UltraTech Cement Ltd closed last fiscal with a net profit of Rs.2,015 crore, down from Rs.2,144 crore net profit earned during the previous fiscal, the company said on Saturday.

In a statement, UltraTech Cement said the net sales for 2014-15 were Rs.22,656 crore up from Rs.20,078 crore posted during 2013-14.

The company board has recommended a dividend of 90 percent, at the rate of Rs.9 per share of face value of Rs.10 each aggregating Rs.246.96 crore.

 
  

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