UltraTech Cement Q2 profit at Rs 825.18 crore

UltraTech Cement Ltd announced its net profit for the September quarter at Rs 825.18 crore, down from Rs 1,280.38 crore last year. The comparison is impacted by acquiring a majority stake in UAE-based Ras Al Khalmah Co. This acquisition has made RAKW a subsidiary, influencing the financial results. Revenue stood at Rs 15,634.73 crore.