India's UltraTech Cement misses fourth-quarter profit estimates
28/04/2025 10:35
April 28 (Reuters) - UltraTech Cement ULTC.NS, India's biggest cement maker by capacity, reported fourth-quarter profit below market expectations on Monday, pressured by weak pricing and higher costs. Consolidated net profit for the company came in at 24.82 billion rupees ($292 million) in the three months ended March 31, compared to analysts' average estimate of 26.31 billion rupees, per data compiled by LSEG. ($1 = 84.9870 Indian rupees) (Reporting by Hritam Mukherjee in Bengaluru; Editing by Sherry Jacob-Phillips and Varun H K) ((Hritam.Mukherjee@thomsonreuters.com; X: @MukherjeeHritam;))
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