UltraTech Cement Ltd. said its normalized net income for the fiscal first quarter ended June 30 amounted to 30.18 Indian rupees per share, compared with the S&P Capital IQ consensus estimate of 30.03 rupees per share.
EPS climbed 17.9% year over year from 25.59 rupees.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 8.29 billion rupees, an increase of 18.0% from 7.03 billion rupees in the year-earlier period.
The normalized profit margin climbed to 11.8% from 10.7% in the year-earlier period.
Total revenue rose 7.6% year over year to 70.35 billion rupees from 65.38 billion rupees, and total operating expenses increased 6.4% from the prior-year period to 57.32 billion rupees from 53.85 billion rupees.
Reported net income rose 15.0% from the prior-year period to 8.97 billion rupees, or 32.66 rupees per share, from 7.80 billion rupees, or 28.41 rupees per share.
As of July 18, US$1 was equivalent to 64.29 Indian rupees.
