Why People Like Ultratech Cement

Ultratech Cement: High costs mar show, but 

future prospects brigh

Ultratech Cement's subdued performance in the fourth quarter was in line with street estimates. A minor improvement in blended realisations, coupled with higher costs, led to a nearly 100 basis points 
contraction in operating margins.
A seasonally strong fourth quarter failed to lift demand for

cement, leading to sales volume decline of 4% year on year
 to 11.13 million tonnes (MT). However, better realisations of value-added products helped blended realisations to improve marginally by 5% to Rs 4,842 per tonne. As a result, the top line remained flat on a y-o-y basis.