UltraTech Cement Ltd. announced on Monday a dividend of Rs 77.5 per equity share for the financial year ended March 31, 2025.
The dividend is subject to approval from shareholders at the upcoming annual general meeting. This recommendation follows the company's fourth-quarter earnings report, according to an exchange filing.
UltraTech reported a 13% increase in revenue, reaching Rs 23,063.3 crore. Net profit increased by 10% to Rs 2,482.04 crore, in line with analysts' estimates of Rs 2,538 crore.
The company's earnings before interest, tax, depreciation and amortisation rose 12.26% to Rs 4,618.44 crore. However, the Ebitda margin slightly narrowed to 20.02% from 20.14%.
UltraTech's stock was trading 0.79% lower at Rs 12,140 apiece on the NSE, compared to a 1.22% advance in the benchmark Nifty as of 03:18 p.m. The share price risen 21.83% in the last 12 months.
Total traded volume so far in the day stood at 1.37 times its 30-day average. The relative strength index was at 68.
Out of 44 analysts tracking the company, 37 maintain a 'buy' rating, four recommend a 'hold,' and three suggest 'sell,' according to Bloomberg data. The average 12-month consensus price target implies an upside of 1.7%
RECOMMENDED FOR YOU

UltraTech Cement To Sell 6.5% Stake In India Cements, Sets Floor Price

UltraTech Cement Lines Up Rs 10,000 Crore Capex For FY26 To Bolster Capacity


UltraTech Cement Q1 Review: BofA Hikes Price Target — But Is the Stock a Buy Now?


UltraTech Cement Q1 Results: Net Profit Rises 49% To Rs 2,226 Crore, Meets Estimates
