Ultratech Cement Q4 PAT down 45% YoY : vimarsana.com

Ultratech Cement Q4 PAT down 45% YoY


The cement major reported 45.2% drop in consolidated net profit to Rs 1775.23 crore in Q4 FY21 as against Rs 3240.23 crore in Q4 FY20.
Net sales during the quarter increased 32.7% year-on-year (YoY) to Rs 14405.61 crore. Profit before tax in Q4 FY21 stood at Rs 2638.98 crore, up 80.8% from Rs 1459.43 crore in Q4 FY20. Current tax outgo increased 93.9% to Rs 478.20 crore in Q4 FY21 over Q4 FY20.
The cement major recorded 5.1% fall in consolidated net profit to Rs 5463.10 crore on 5.4% rise in net sales to Rs 44725.80 crore in the year ended 31 March 2021 over the year ended 31 March 2021.
The company's board has recommended a dividend of Rs 37 per share for the year ended March 2021.

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