UltraTech Cement Posts 21% Rise in Q4 Net Profit to ₹3,011 Crore, Declares ₹240 Special Dividend

UltraTech Cement Surpasses Market Expectations in Q4 2026

India's largest cement maker, UltraTech Cement, announced its financial results for the March quarter on Monday, April 27. The company's earnings surpassed market expectations on most fronts, with the company also announcing its highest-ever dividend payout for shareholders.

During market hours on Monday, UltraTech Cement shares were marginally trading lower, down 0.04% to ₹11,959 apiece.

Key Highlights of UltraTech Cement Q4 2026 Results

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The cement maker reported a 21.2% year-on-year rise in its net profit, rising to ₹3,011 crore in the quarter ending on March 31, 2026, from ₹2,484 crore in the same period last year. Revenue from operations for the January–March 2026 quarter rose 12% YoY to ₹25,799 crore, according to the exchange filing.

Meanwhile, Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter rose 21.3% YoY to ₹5,600.5 crore. Operating PBIDT per tonne increased to ₹1,253, marking an 11% rise compared to the previous year.

On the operational front, grey cement sales volumes in India reached 42.41 million tonnes during the quarter, up 9% YoY, supported by strong demand from housing, infrastructure, and commercial construction, which pushed capacity utilisation to 89%. White cement volumes also registered robust growth of 15% YoY in the March quarter.

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For the full year, total grey cement volumes in India stood at 145 million tonnes.

Record Sales and Special Dividend

For the full financial year FY26, UltraTech Cement reported record sales of ₹87,384 crore, up from ₹74,936 crore in the previous fiscal, marking a growth of 17%. UltraTech's board has also approved a special dividend of ₹240 per share for shareholders—the highest in the company's history. The payout, however, remains subject to shareholder approval at the upcoming Annual General Meeting (AGM).

The company further added that this special dividend is anchored in a confluence of several milestones that FY26 has delivered: consolidated PAT crossing the ₹8,000 crores threshold for the first time in the company's history.