UltraTech Cement Q4FY23 Results: Net profit down 36%, declares dividend

UltraTech Cement on Friday reported its earnings for the January-March quarter for the fiscal year 2023 (Q4FY23) in which its consolidated net profit stood at ₹1,665.95 crore, down 36% on year from ₹2620.43 crore.

During Q4FY23, consolidated revenue from operations jumped 18.4% to ₹18,662.4 crore as compared to ₹15,767 crore reported by the cement major during the same period previous year.

For the fiscal year that ends in March 2023, the board has recommended a dividend of ₹38 per equity share worth ₹10 apiece.

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