Earnings UltraTech Cement Q1 net profit falls 37.8% YoY to Rs 796.3 crore; Volumes drop 22% Updated : July 28, 2020 02:43 PM IST The company's volumes dropped 22 percent during the quarter. The operating performance of the company also was better than analysts' expectations. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.