UltraTech Cement Q2 profit at Rs 825.18 crore

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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.