UltraTech Cement reports rise in sales

UltraTech Cement reports rise in sales

In the first quarter of this financial year, UltraTech Cement has recorded a 14 per cent rise in net sales to Rs 5649 crore. During the period the company sold 11.7 MT of grey cement and clinker as the capacity utilisation rate improved to 84 per cent, compared to 76 per cent in the same period last year. Looking ahead the company is forecasting a 25 per cent increase in turnover in this financial year to Rs 25,000 crore as the country enjoys growing cement demand on the back of a boost in housing and infrastructure.

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