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ULTRACEMCO Ultratech Cement News Story

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India's UltraTech Cement beats profit view on improved demand

April 27 (Reuters) - UltraTech Cement ULTC.NS, India's largest cement maker by capacity, reported a bigger -than-expected fourth-quarter profit on Monday, helped by improved demand amid favourable weather for construction activity.

Consolidated net profit rose 20.2% year-on-year to 29.83 billion rupees ($316.61 million) for the three months ended March 31, above analysts' expectation of 28.1 billion rupees, per data compiled by LSEG.

($1 = 94.2162 Indian rupees)

(Reporting by Anuran Sadhu and Surbhi Misra in Bengaluru; Editing by Subhranshu Sahu)

((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))

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