Dividend Stock: After the financial year 2024-25, the list companies are announcing their financial results in the stock market. Apart from releasing financial results, these companies are also announcing dividends for their shareholders. In this connection, veteran cement company UltraTech Cement has also announced dividend for its investors. Ultratech Cement, in an exchange filing on April 28, told the stock market that the company’s board of directors recommended the dividend for shareholders. The company said that for the financial year 2024-25, shareholders will be given a dividend of Rs 77.50 on each stock with a face value of Rs 10.
Company made a profit of Rs 2474.79 crore in the fourth quarter of financial year 2024-25
Ultratech Cement said in the exchange filing that the final decision on the payment of dividend will be taken in the company’s AGM. The company also informed that the record date for the date of AGM and dividend will be announced later, which will be given separate information. Let us tell you that the company released its financial results on Monday. The company’s net profit increased to Rs 2474.79 crore in the fourth quarter of FY 2024-25. The cement company of Aditya Birla Group said that he had a net profit of Rs 2258.58 crore in the fourth quarter of FY 2023-24.
Company shares closed in red mark with a decline on Monday
UltraTech cement for the entire financial year 2024-25 was Rs 6039.64 crore, while its total income was Rs 76,699.30. A year ago, the net profit of the company was Rs 7003.96 crore. The company’s operational revenue increased to Rs 23,063.32 crore in the fourth quarter of FY 2024-25, which was Rs 20,418.94 crore in the fourth quarter of the previous financial year. Let us tell you that UltraTech Cement shares fell on BSE at Rs 12,108.25 with a decline of 1.05 percent (Rs 127.95) on BSE. The company’s shares have a 52 week high of Rs 12,341.00.
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