25 April 2018
FY18: Volumes 21 per cent; EBITDA 15 per cent
*before onetime costs
UltraTech Cement, an Aditya Birla Group company today announced its financial results for the year ended 31 March 2018.
During Q4FY18, the company recorded a robust growth of 31 per cent in volumes with a 5 per cent increase in realisations. The quarter continued to witness increase in input costs attributable to rise in pet coke and coal prices and the ban on pet coke usage in TPPs. Regardless, the company registered a 19 per cent PBIDT growth during the quarter and a 15 per cent PBIDT growth for the year.
Consolidated sales during Q4FY18 were Rs.9,298 crore vis-à-vis Rs.6,922 crore for the corresponding period of the previous year. Profit before interest, depreciation and tax is Rs.1,887 crore, against Rs.1,577 crore.
On a standalone basis, net sales stood at Rs.8,881 crore as compared to Rs.6,500 crore in the corresponding period of the previous year. EBITDA is Rs.1,809 crore compared to Rs.1,518 crore last year. PAT before onetime adjustments stood at Rs.677 crore as against Rs.688 crore previous year. This is inspite of interest costs going up Rs.182 crore. A onetime provision for stamp duty of Rs.226 crore and Rs.41 crore for deferred tax due to the change in tax rates has resulted in reported PAT of Rs.488 crore.
Consolidated sales stood at Rs.30,973 crore against Rs.25,092 crore in the previous year. Profit before interest, depreciation and tax is Rs.6,729 crore vis-à-vis Rs.5,861 crore.
On a standalone basis, net sales stood at Rs.29,363 crore as compared to Rs.23,616 crore in the previous year. Profit before Interest, Depreciation and Tax is Rs.6,478 crore vis-a-vis Rs.5,629 crore.
The Board of Directors at their meeting held today recommended a dividend of 105 per cent, at the rate of Rs.10.50 per equity share of face value of Rs.10/- each aggregating Rs.288.34 crore. The company will absorb the Dividend Distribution Tax amounting to Rs.59.27 crore, resulting in a total payout of Rs.347.61 crore.
Dr. Pragnya RamGroup Executive President, Corporate Communications & CSRAditya Birla Management Corporation Private LimitedAditya Birla Centre, 1st Floor, 'C' WingS.K. Ahire Marg, WorliMumbai 400 030.
91-22-6652 5000 /2499 5000
Fax: 91-22-6652 5741/ 42