Ultratech contributes over 75% to Grasim's topline

Ultratech contributes over 75% to Grasim's topline

Of the Grasim Industries' Rs 6,551.91 crore consolidated revenue, Ultratech Cement contributed over 75 per cent at Rs 4,970 crore during the September 2012 quarter.

A 19 per cent year-on-year growth by UltraTech and nine per cent growth in other segments resulted in Grasim's consolidated revenues increasing by 16 per cent.

The firm's operating margin in the cement business rose from 14.9 per cent in September 2011 to 21.4 per cent in September this year.

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