UltraTech Cement , India's largest cement manufacturer, announced robust financial results for the fourth quarter and full fiscal year 2024-25, demonstrating resilience and strategic growth amid a dynamic market environment.

Q4 FY25 Highlights

• Consolidated net sales reached Rs. 23,063.00 crores, a 13% increase year-over-year
• Profit after tax (PAT) grew by 10% year-over-year to Rs. 2,482.00 crores
• Domestic grey cement volumes increased by 10% year-over-year
• Sales volumes increased by 17% to 41.02 million tonnes
• Operating EBITDA per tonne improved to Rs. 1,270.00, up 7% year-over-year and 32% quarter-over-quarter (excluding acquired assets)

Full Year FY25 Performance

Operational Highlights

• Capacity utilization: 89% in Q4, 78% for the full year
• Energy costs reduced by 14% year-over-year
• Fuel costs decreased to Rs. 881.00 per tonne in Q4 FY25 from Rs. 1,025.00 per tonne in Q4 FY24

Expansion and Acquisitions

• Commissioned 17.40 MTPA capacity across India during FY25
• Domestic grey cement capacity increased to 183.36 MTPA
• Global capacity now stands at 188.76 MTPA (including 5.4 MTPA overseas capacity)
• Completed acquisition of The India Cements Limited (ICEM), increasing shareholding to 81.49%
• Finalized acquisition of Kesoram Industries Limited's cement business
• Targets 211 MTPA domestic capacity by FY27

Sustainability Milestone

• Commissioned over 1 Gigawatt of renewable energy capacity for captive use
• Added 269 MW of renewable power in Q4
• Total green energy capacity reached 1.363 GW, covering about 46% of current power needs

Dividend Announcement

• Board recommended a dividend of 775% at Rs. 77.50 per equity share
• Total dividend aggregates to Rs. 2,283.75 crores for FY25

Future Outlook

• Aims for double-digit organic volume growth in FY26
• Expects sustainable volume growth of 7-8%
• Growth driven by government focus on infrastructure and housing projects
• Increased rural and urban demand anticipated
• Optimistic long-term outlook for the cement sector in India

UltraTech Cement continues to demonstrate its commitment to growth, sustainability, and supporting India's infrastructure development needs.

UltraTech Cement Limited , India's largest cement manufacturer, announced robust financial results for the fourth quarter and full fiscal year 2024-25, showcasing significant growth and strategic expansions.

Q4 FY25 Highlights

• Consolidated Net Sales reached Rs. 22,788.00 crores, up 14% year-over-year
• Profit before interest, depreciation, and tax (PBIDT) rose to Rs. 4,721.00 crores, an 11% increase
• Profit after tax (PAT) grew by 10% to Rs. 2,482.00 crores
• Sales volumes surged by 17% to 41.02 million tonnes

Key Financial Metrics for FY 2024-25

Operational Highlights

• Energy costs decreased by 14% year-over-year, with fuel costs dropping to Rs. 881.00/t in Q4FY25 from Rs. 1,025.00/t in Q4FY24
• Effective capacity utilization reached 89% during Q4 and 78% for the full year
• The company achieved over 1 GW of renewable power installations, becoming one of the first Indian industrial companies to reach this milestone

Strategic Developments

UltraTech made significant strides in expanding its market presence:

1. Acquired a controlling stake in The India Cements Limited (ICEM), increasing its shareholding to 81.49%
2. Completed the merger with Kesoram Industries Limited's cement business
3. Commissioned 17.40 mtpa of new capacity across various locations
4. Increased its domestic grey cement capacity to 183.36 mtpa

Dividend Announcement

The Board of Directors recommended a dividend of 775% at Rs. 77.50 per equity share, totaling Rs. 2,283.75 crores for FY 2024-25.

Sustainability Initiatives

UltraTech continued to focus on sustainability:

• Awarded in the "Circular Business Model-Matured category" at the Global Symposium on Resource Efficiency and Circular Economy
• Added 269 MW of renewable power during Q4, bringing total green energy capacity to 1.363 GW
• This green energy capacity now covers about 46% of UltraTech's current power needs

Future Outlook

Despite potential short-term challenges, UltraTech expects a sustainable volume growth of 7-8% in the coming years, driven by the government's focus on infrastructure and housing projects, along with increased rural and urban demand.

K.C. Jhanwar, Managing Director of UltraTech Cement, commented, "As India's leading cement player, UltraTech is well-placed to support the country in its exciting growth journey ahead."

With its strategic expansions and focus on sustainability, UltraTech Cement continues to strengthen its position as a market leader in the Indian cement industry.