India’s UltraTech Cement quarterly profit falls 38%

India’s top cement maker, UltraTech Cement, reported a 38% decrease in quarterly profit on Saturday, dented by a surge in expenses. Profit for the three months through December fell to 10.62 billion rupees ($131.2 million) from 17.10 billion rupees the same period a year earlier, UltraTech said in an exchange filing. Expenses surged to 141.23 […]

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