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

UltraTech Cement has received the approved of the National Company Law Tribunal (NCLT), Kolkata bench on 03 April 2024 for the proposed scheme of amalgamation of UltraTech Nathdwara Cement and its wholly owned subsidiaries (Swiss Merchandise Infrastructure and Merit Plaza) with the company. The scheme was earlier sanctioned by NCLT, Mumbai by its order dated 18 December 2023. The appointed date of the scheme is 1 April 2023.Powered by Capital Market - Live News

UltraTech Cement has entered into (i) Energy Supply Agreement and (ii) Share Subscription and Shareholders Agreement to acquire 26% equity shares of M/s O2 Renewable Energy XXII, a company engaged in generation and transmission of renewable energy. The acquisition is for the purposes of meeting the Company`s green energy needs, optimising energy cost and complying with regulatory requirements related to captive power consumption under electricity laws.Powered by Capital Market - Live News