UltraTech Q4 Net Profit Rises By 10%, Board Approves Rs 77.5 Dividend

India's largest cement maker, UltraTech, reported a 10% rise in consolidated net profit to Rs 2,482 crore for the quarter ended March 31, 2024, up from Rs 2,258 crore in the same quarter last year.

In Q4 FY25, the Aditya Birla Group's flagship firm saw net sales rise to Rs 22,788 crore from Rs 20,069 crore a year earlier, marking a 13.5% year-on-year increase. For the full year, sales climbed 7.3%, from Rs 69,810 crore in FY24 to Rs 74,936 crore in FY25.

Operating profit (PBIDT) in Q4 FY25 grew 11.1%, from Rs 4,250 crore in Q4 FY24 to Rs 4,721 crore. On an annual basis, however, PBIDT eased by 2.1%, falling from Rs 13,586 crore in FY24 to Rs 13,302 crore in FY25.

Net profit (PAT) declined 13.8% for the full year, from Rs 7,005 crore in FY24 to Rs 6,039 crore in FY25.

UltraTech said it became one of the first Indian companies to commission 1 gigawatt of renewable energy capacity for captive use.

“The company’s consolidated sales volumes reached 41.02 million metric tonnes for the quarter, growing by 17%. Excluding acquired assets, operating EBITDA per metric tonne was Rs 1,270, up 7% YoY and 32% QoQ,” UltraTech said in an exchange filing.

“While the sector may face short-term challenges, the long-term outlook is showing signs of improvement, with stable demand likely to support growth,” the company added.

The company stated that with "increased rural and urban demand" and the government's focus on infrastructure, a sustainable volume growth of 7-8% is expected going forward.

The firm declared a dividend of Rs 77.5 per share. At 3:37 pm, UltraTech Cement shares on BSE were trading 0.8% lower at Rs 12,132 apiece.

UltraTech said its capacity-building program stayed on track in FY25, with 17.4 million tonnes per annum (mtpa) of new grey-cement capacity commissioned across India, along with its first bulk terminal (1.8 mtpa) going live in Lucknow. This increases domestic capacity to 183.36 mtpa, and together with 5.4 mtpa overseas, brings global capacity to 188.76 mtpa.

The company also noted that UltraTech received CCI approval to acquire the promoters’ stake in The India Cements Ltd (ICEM), making ICEM a subsidiary as of December 24, 2024. An open offer raised its ICEM shareholding to 81.49%.

Effective March 1, 2025, UltraTech absorbed Kesoram Industries’ cement business under a Composite Scheme of Arrangement (appointed date April 1, 2024), issuing one new share for every 52 held in Kesoram.

The board also approved buying 6.42 crore shares (100%) of Wonder WallCare Pvt. Ltd—a wall putty manufacturer—for up to Rs 235 crore, further diversifying its product portfolio.