UltraTech Cement accounts for 77% of Aditya Birla Group's profit in FY21

Overall, the combined net profit of the group's listed companies was Rs 7,115 crore in FY21

The AV Birla group is now increasingly dependent on its cement business or UltraTech Cement to keep the finances on an even keel as the group's other businesses failed to generate adequate profits.

UltraTech Cement accounted for a record 77 per cent of the combined net profit of the group’s listed companies in FY21, up from 72 per cent a year ago. The ratio was around 62 per cent five-years ago in FY16. UltraTech Cement reported a net profit of Rs 5,463 crore in FY21 against the combined net profit of Rs 1,652 crore of other group companies.

India’s third biggest business