UltraTech Cement Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	857,754	759,551	709,081	632,400	525,988	447,258
Revenue	857,754	759,551	709,081	632,400	525,988	447,258
Revenue Growth (YoY)	20.27%	7.12%	12.13%	20.23%	17.60%	5.41%
Cost of Revenue	358,661	321,229	301,862	282,063	201,023	154,170
Gross Profit	499,093	438,323	407,219	350,337	324,966	293,088
Selling, General & Admin	228,588	211,537	189,803	168,030	143,064	124,508
Other Operating Expenses	110,566	101,655	88,351	76,657	66,705	53,446
Operating Expenses	383,870	352,449	308,986	272,793	235,953	203,865
Operating Income	115,223	85,874	98,233	77,544	89,013	89,223
Interest Expense	-18,352	-16,260	-9,598	-7,620	-8,857	-14,928
Interest & Investment Income	2,932	2,932	2,409	2,725	1,637	1,008
Earnings From Equity Investments	-252.3	-105.7	220.1	40.3	17	21.8
Currency Exchange Gain (Loss)	266.9	266.9	509.7	506.3	-1,103	369.7
Other Non Operating Income (Expenses)	-1,546	-25.4	122.3	212.7	386.1	258.7
EBT Excluding Unusual Items	98,271	72,682	91,896	73,409	81,093	75,952
Merger & Restructuring Charges	-1,330	-1,330	-720	-	-	-
Gain (Loss) on Sale of Investments	3,068	3,459	3,040	976.2	2,888	5,737
Gain (Loss) on Sale of Assets	563.8	563.8	6.7	3.4	32.2	41.1
Asset Writedown	-93.5	-93.5	-	-225.8	-369.4	-546.2
Other Unusual Items	-4	-	-	-	-	-2,607
Pretax Income	100,475	75,281	94,222	74,163	83,644	78,576
Income Tax Expense	23,844	14,885	24,183	23,429	11,901	25,387
Earnings From Continuing Operations	76,631	60,396	70,040	50,734	71,743	53,189
Earnings From Discontinued Operations	-	-	-	-	1,599	1,429
Net Income to Company	76,631	60,396	70,040	50,734	73,343	54,619
Minority Interest in Earnings	18	-5.3	10.4	-94.4	100.5	12.5
Net Income	76,649	60,391	70,050	50,640	73,443	54,631
Net Income to Common	76,649	60,391	70,050	50,640	73,443	54,631
Net Income Growth	22.75%	-13.79%	38.33%	-31.05%	34.44%	-5.08%
Shares Outstanding (Basic)	294	294	288	288	288	288
Shares Outstanding (Diluted)	294	294	288	288	289	289
Shares Change (YoY)	2.03%	2.07%	-0.02%	-0.02%	-0.00%	0.02%
EPS (Basic)	260.60	205.30	243.05	175.63	254.64	189.40
EPS (Diluted)	260.41	205.13	242.87	175.54	254.52	189.33
EPS Growth	20.30%	-15.54%	38.36%	-31.03%	34.43%	-5.09%
Free Cash Flow	-	15,441	18,920	28,684	36,698	105,780
Free Cash Flow Per Share	-	52.45	65.59	99.43	127.18	366.59
Dividend Per Share	-	77.500	70.000	38.000	38.000	37.000
Dividend Growth	-	10.71%	84.21%	-	2.70%	184.62%
Gross Margin	58.19%	57.71%	57.43%	55.40%	61.78%	65.53%
Operating Margin	13.43%	11.31%	13.85%	12.26%	16.92%	19.95%
Profit Margin	8.94%	7.95%	9.88%	8.01%	13.96%	12.21%
Free Cash Flow Margin	-	2.03%	2.67%	4.54%	6.98%	23.65%
EBITDA	159,545	123,861	127,772	104,448	114,280	114,261
EBITDA Margin	18.60%	16.31%	18.02%	16.52%	21.73%	25.55%
D&A For EBITDA	44,322	37,987	29,539	26,904	25,267	25,038
EBIT	115,223	85,874	98,233	77,544	89,013	89,223
EBIT Margin	13.43%	11.31%	13.85%	12.26%	16.92%	19.95%
Effective Tax Rate	23.73%	19.77%	25.67%	31.59%	14.23%	32.31%
Revenue as Reported	863,675	766,993	715,251	637,431	531,066	454,600

Source: S&P Global Market Intelligence. Standard template. Financial Sources.