UltraTech Cement Q4 Net Profit Goes Up to ₹2,474.79 Crore on Rising Sales Volumes

UltraTech Cement Ltd, India’s biggest cement manufacturer, reported a consolidated net profit of ₹2,474.79 crore for Q4 ended March, up from ₹2,258.58 crore of last year’s period due to robust sales volume and greater capacity.

Operating revenue too rose to ₹23,063.32 crore from ₹20,418.94 crore in the prior year period.
Quarterly combined volumes were 41.02 million metric tonnes.

UltraTech in FY25 had sales volumes of 135.83 million metric tonnes in the year, ranking among the top in the world after China. Its year-wise net profit went down to ₹6,039.64 crore from ₹7,003.96 crore of the previous year mainly on account of higher interest and depreciation due to high-growth rates.

During the year, UltraTech incorporated 42.60 million tonnes per annum (MTPA) capacity organically and inorganically, such as the acquisition of India Cements Ltd (effective 25th December 2024) and RAKWCT in UAE. The company’s domestic grey cement capacity is 183.36 MTPA and its international capacity is 188.76 MTPA.

Significantly, UltraTech also merged Kesoram Industries’ cement business into it, effective March 1, 2025.

Energy costs decreased by 14% year on year as a result of the decline in fuel prices. The company also set up a 17.40 MTPA capacity at various locations in India and inaugurated its first bulk terminal at Lucknow, Uttar Pradesh, with a 1.8 MTPA capacity for handling.

In the long term, UltraTech expects volume growth of 7-8% to be sustained by government-led infrastructure projects and strong rural and urban demand. Even though the industry would be impacted adversely in the near term, consistent long-term growth is expected, the company stated.

The board has declared a dividend of ₹77.50 on every equity share with a face value of ₹10 (775% of the face value) of ₹2,283.75 crore.

Shares of UltraTech Cement closed 1.05% lower at ₹12,108.25 on the BSE on Monday.

While all this, the war is getting fiercer as Adani Group, after foraying into the cement industry in 2022 by acquiring Ambuja Cement in a $6.4 billion transaction, is also ready to reach 140 MTPA capacity by FY28 through expansion and acquisition.