UltraTech Cement?? consolidated net sales grew by 8 per cent year-on-year to $1.39 billion in the second quarter of its financial year to 30 September 2020 from $1.29 billion in the same period in 2019. Its profit after tax more than doubled to $167 million from $78.5 million. The group attributed its progress to, ??trong quarterly performance on the back of operational efficiencies and its ability to serve all India markets.??/p>
It added that it had focused on health and safety and ??fficient working conditions??as it had gradually resumed operations following coronavirus-related lockdown restrictions. Overall, the group?? revenue from operations fell by 14 per cent year-on-year to $2.44 billion in the first half of its financial year from $2.85 billion in the same period in 2019.