UltraTech Cement will hold a meeting of the Board of Directors of the Company on 19 July 2024.Powered by Capital Market - Live News

UltraTech Cement has issued a corporate guarantee of USD 73.50 Million in favour of Abu Dhabi Commercial Bank PJSC for credit facility availed by its wholly-owned subsidiary in UAE viz. UltraTech Cement Middle East Investments.Powered by Capital Market - Live News

Net profit of UltraTech Cement rose 35.55% to Rs 2258.12 crore in the quarter ended March 2024 as against Rs 1665.95 crore during the previous quarter ended March 2023. Sales rose 9.41% to Rs 20418.94 crore in the quarter ended March 2024 as against Rs 18662.38 crore during the previous quarter ended March 2023.For the full year,net profit rose 38.33% to Rs 7005.00 crore in the year ended March 2024 as against Rs 5063.96 crore during the previous year ended March 2023. Sales rose 12.13% to Rs 70908.14 crore in the year ended March 2024 as against Rs 63239.98 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales20418.9418662.38 9 70908.1463239.98 12 OPM %20.1517.80 -18.2916.79 - PBDT3997.443254.06 23 12639.5210304.24 23 PBT3182.522492.40 28 9494.227416.25 28 NP2258.121665.95 36 7005.005063.96 38 Powered by Capital Market - Live News

UltraTech Cement announced that the Board of Directors of the Company at its meeting held on 29 April 2024, has recommended a Final dividend of Rs.70 per share (i.e.700%), subject to the approval of the shareholders.Powered by Capital Market - Live News

The Board of UltraTech Cement at its meeting held on 20 April 2024 has approved investment of Rs 504.4 crore in the following brownfield capacity expansions:- 1.2 mtpa at Parli, Maharashtra at a cost of Rs.166.4 crore, post-acquisition of the grinding unit- 1.8 mtpa at Dhule, Maharashtra at a cost of Rs. 338 crore.Powered by Capital Market - Live News