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UltraTech Cement Q4 earnings: Net profit rises 35.23%, final dividend recommended

UltraTech Cement Q4 earnings: Net profit rises 35.23%, final dividend recommended

UltraTech Cement Q4 earnings: Cement maker's net profit rose to Rs 2,258.58 crore in Q4, according to an exchange filing on Monday.

Aseem Thapliyal
Aseem Thapliyal
  • Updated Apr 29, 2024 4:32 PM IST
UltraTech Cement Q4 earnings: Net profit rises 35.23%, final dividend recommendedUltraTech Cement's board also recommended a final dividend of Rs 70 per share.

UltraTech Cement reported a 35.23% rise in consolidated net profit for fourth quarter of fiscal 2024. The cement maker's profit rose to Rs 2,258.58 crore in Q4, according to an exchange filing on Monday. The company's board also recommended a final dividend of Rs 70 per share. The firm commissioned cement capacity of 7.8 MTPA, taking total grey cement capacity of the company to 140.8 MTPA in India.

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Total income rose to Rs 20,555 crore in Q4 against Rs 18,784 crore in the corresponding quarter of the previous fiscal. EBITDA climbed to Rs 4250 crore in Q4 against Rs 3444 crore in the Q4 OF FY23.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
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ABOUT THE AUTHOR

Aseem Thapliyal
Aseem Thapliyal

A journalist with over 12 years' experience, who tracks trends in the share market and writes stock market stories. An active follower of Sensex and Nifty, I capture stocks in news and analysis by share market experts and brokerages on their outlook and price targets. I cover company news/earnings leading to a rally or crash in particular stocks or stock market indices. Also track impact of global stock markets on their Indian peers. I have worked with Live Mint and NDTV Profit in previous stints. My hobbies are exploring new places, travelling, watching movies, spending time with friends and family, watching web series, playing cricket and football. I have completed graduation from Delhi University along with a PG Diploma in journalism from IIMC. I can be reached easily via social media platforms.

Published on: Apr 29, 2024 4:24 PM IST