UltraTech Cement Q2 profit rises over 21% as revenue and volumes increase

During the quarter, domestic grey cement sales volumes rose 13.8% to 35.94 million tonnes and capacity utilisation jumped to 71% from 66% over the same period last year

UltraTech Cement revenue increased 19% to ₹23,295 crore

UltraTech Cement on Monday announced changes to its board, with Managing Director Kailash Chandra Jhanwar set to take over as non-executive vice chairman from January 1, 2027, following the completion of his term on December 31. The company also said KK Maheshwari will step down as non-executive vice chairman effective January 1, citing current engagements and personal commitments, according to an exchange filing.The company reported a consolidated net profit of Rs 1,494 crore for the July-September quarter of the ongoing financial year 2027, marking more than 21% jump from the Rs 1,232 crore net profit reported in the year-ago period.ALSO READ | UltraTech Cement Q2 Results: Net profit jumps 21% YoY to Rs 1,494 crore; revenue up 19%UltraTech's revenue from operations increased 19% year-on-year to Rs 23,295 crore in Q2 FY27, from Rs 19,607 crore in the year-ago period. The shares of the company were seen trading 2% lower at Rs 10,690 apiece after the release of the results.Sequentially, the company’s consolidated net profit fell around 43% quarter on quarter from Rs 2,599 crore. Revenue from operations dropped 5.5% QoQ from Rs 23,295 crore reported in the first quarter of the same financial year 2027.The heavyweight cement-maker’s total consolidated expenses meanwhile increased nearly 18% YoY and marginally sequentially to Rs 21,339 crore during the quarter under review. Its net profit margin stood at 7% in Q2 FY27, as compared to 6% in Q2 FY26 and 11% in Q1 FY27. Operating profit margin meanwhile remained flat at 16% on a YoY basis, but reduced from 21% recorded in the previous quarter.UltraTech performed well despite headwinds on account of a monsoon-affected quarter and the ongoing west Asia crisis, the company said in its filing. It noted that domestic grey cement sales volumes rose nearly 14% to 35.94 million tonnes, from 31.58 million tonnes in Q2 FY26, supported by disciplined execution, a wider market footprint, cost optimisation and a sharper focus on premium products.

Mumbai: UltraTech Cement Limited on Monday reported a consolidated net profit of Rs 1,501 crore for the quarter ended 30 September 2026. This marks a 21.3 per cent increase compared with the Rs 1,238 crore reported in the same quarter last year.Revenue PerformanceThe company's consolidated net sales for Q2 FY27 rose by 18.9 per cent to Rs 23,024 crore, up from Rs 19,371 crore in Q2 FY26. Total income for the quarter stood at Rs 23,405.96 crore, compared with Rs 19,781.07 crore in the corresponding period of the previous year.UltraTech Cement Exceeds 2 GW Green Energy Capacity, Adds 116.55 MW Wind And 10 MW Waste Heat RecoveryExpenses and Operating ProfitTotal expenses for the quarter increased to Rs 21,338.88 crore from Rs 18,119.56 crore in Q2 FY26. Profit before interest, depreciation, and tax (PBIDT) saw a 17.3 per cent increase, reaching Rs 3,832 crore from Rs 3,268 crore year-on-year.Earnings Per ShareBasic earnings per share (EPS) for the quarter ended 30 September 2026 stood at Rs 50.78, up from Rs 41.87 in the year-ago quarter. Diluted EPS also increased to Rs 50.75 from Rs 41.84 in Q2 FY26.Operational HighlightsDomestic grey cement sales volumes increased by 13.8 per cent to 35.94 million tonnes in Q2 FY27, compared with 31.58 million tonnes in Q2 FY26. Capacity utilisation improved to 71 per cent from 66 per cent in the same period last year, the company stated.UltraTech Cement To Buy 26% In Solaris Horizon, Deal To Support Green Energy NeedsCapacity ExpansionDuring the quarter, UltraTech commissioned 3.6 mtpa of greenfield integrated capacity at Petnikota, Andhra Pradesh, and added 1.0 mtpa through debottlenecking at its existing cement plants. As of 30 September 2026, the company’s consolidated domestic grey cement capacity reached 204.7 mtpa.New Business and SustainabilityUltraTech launched Ultravolt, a wires and cables business, and added 117 mw of renewable energy and 10 mw of Waste Heat Recovery System (WHRS) capacity. The company's green power, including WHRS and renewable energy, accounted for 48 per cent of its power mix for the quarter.Disclaimer: This report is based on the company's filed financial results (standalone or consolidated, as applicable) and is intended solely for informational purposes.