Ultratech Cement was trading on a higher note during Monday's session after the company recorded a stellar December 2020 (Q3FY21) quarter where consolidated net profit zoomed by a whopping 123% to Rs1,584cr against Rs712cr a year ago same period.
Consolidated revenue for the latest quarter stood at Rs12,144cr compared to Rs10,262cr last year similar quarter - registering a growth of 18% yoy.
In the quarter under review, the company's consolidated volumes increased 14% to 23.88 mt compared with 20.90 mt in the year-ago quarter.
At around 2.38 pm, Ultratech Cement was trading at Rs5469.80 per piece down by Rs61.35 or 1.1%.
In the early deals, the company's stock touched a fresh record high of Rs5829.90 per piece on Sensex.
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