The payout marks the highest dividend in the company’s history and reflects a strong year in terms of cash generation and operational milestones. The board said the special dividend is supported by robust operating cash flows, which rose 50% year-on-year to ₹14,398 crore, allowing the company to reward shareholders without impacting ongoing capital expenditure plans.
According to the company, the decision comes after a year in which consolidated profit after tax crossed ₹8,000 crore for the first time, alongside sustained improvements in operational efficiency and scale.
Following the announcement, shares of UltraTech Cement were trading at ₹12,146, up 1.23% on the NSE in afternoon trade.
Operationally, the company reported steady momentum. Grey cement sales volumes in India rose 9.3% year-on-year to 42.41 million tonnes in the March quarter, with capacity utilisation at 89%, driven by demand across housing, infrastructure and commercial construction segments.
Cost discipline also remained a key focus area. Energy costs declined 3% year-on-year, aided by an increase in the share of green power to 43% of total consumption, while overall costs per tonne fell 2% despite external pressures from fuel and logistics.
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On the expansion front, the company crossed a key milestone during the year, with domestic grey cement capacity surpassing 200 million tonnes per annum. With additional capacity commissioned after the year-end, global capacity now stands at over 205 MTPA.
The dividend payout signals confidence in the company’s balance sheet strength and cash flow visibility, even as it continues to invest in growth and capacity expansion.
