Ultratech Cement's net profit grows 132% in Q4 FY19

Ultratech Cement, part of Aditya Birla Group, reported a growth of 132 per cent in its net profit during the quarter ending March 2019. Its profit after tax (PAT) was Rs 1,034.21 crore in Q4 FY19 as against Rs 446.13 crore it recorded in the similar quarter last year. The company's total income stood at Rs 11,031 crore in the said quarter as against Rs 9,401.49 crore it registered in the corresponding quarter previous year. Its board of directors recommended a dividend of Rs 11.50 per equity share of Rs 10 each for the year ended March 31, 2019, the company said in a BSE filing.