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UltraTech net profit down 11% at Rs 726 cr

UltraTech net profit down 11% at Rs 726 cr

UltraTech Cement,Aditya Birla Group company,reported 11% fall in consolidated March quarter net profit at Rs 726 crore against Rs 818 crore logged in same period last year, largely due to higher cost & lower realisation.Net sales increased 3% to Rs 7,924 crore (Rs 7,700 crore).Co. declared dividend of Rs. 10/share leading to total outgo of Rs.330 cr including corporate dividend tax of Rs.56 cr.