UltraTech Cement net up 10% in Q4 on higher sales volume

UltraTech Cement, an Aditya Birla Group company, has reported that its net profit in the March quarter was up 10 per cent at ₹2,475 crore against ₹2,259 crore logged in the same period last year, on the back of capacity expansion and higher sales from newly-acquired assets.

Revenue increased 13 per cent to ₹23,063 crore (₹20,419 crore).

The company has announced a dividend of ₹77.50 per equity share leading to an outgo of ₹2,284 crore.

UltraTech Cement’s sales volume, including that of Kesoram Cement and India Cements, grew 17 per cent to 41 million tonne per annum (mtpa) with the capacity utilisation of 89 per cent. Domestic EBITDA was up ₹84 per tonne to ₹1,270.

In FY25, the company achieved sales volumes of 136 mtpa, one of the highest globally (excluding China). Consolidated net sales were up 7 per cent at ₹74,936 crore (₹69,810 crore).

UltraTech added 43 mtpa through organic and inorganic growth during FY25, resulting in net profit decreasing 14 per cent to ₹6,039 crore (₹7,005 crore) due to increased interest and depreciation.

The company’s overall cement capacity increased 30 per cent to 183 mtpa in FY25 (141 mtpa). It will add another 27 mtpa by FY27. Together with its overseas capacity of 5.4 mtpa, its global capacity stands at 188.76 mtpa.

Stable outlook

Given the government’s focus on infrastructure and housing projects, along with increased rural and urban demand, a sustainable volume growth of 7-8 per cent is expected, said the company.

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

As per terms of Kesoram Cement acquisition, UltraTech has allotted 59.74 lakh equity shares to shareholders of Kesoram Cement in the ratio of one equity share of the company for every 52 equity shares of Kesoram Cement held. Kesoram’s Cement Business stands transferred to and vested in UltraTech Cement as a going concern as of the appointed date of April 1, 2024, it said.

Published on April 28, 2025