Job cuts due to weak demand
UltraTech reported a 36% year-on-year (YoY) decline in net profit, dropping to Rs 825 crore
India is the world's second-largest crude steel producer, had become a net importer in 2023/24.
The company had reported a loss of Rs 131.10 crore during the same period last year.
Ramco Cement reports significant dip in Q2 profit.
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