UltraTech Cement stock: Q2 profit rises 21.3%
Published on 11/02/2026 at 00:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSVolumes and expansion drive earnings
- Net sales rose to INR 23,024 crore in the quarter ended September 30, 2026.
- Domestic grey cement volumes increased 13.8 percent and capacity utilization reached 71 percent.
- UltraTech is targeting more than 240 million tonnes of capacity by March 2028.
UltraTech Cement reported a 21.3 percent year-on-year increase in profit after tax to INR 1,501 crore for the quarter ended September 30, 2026. Consolidated net sales rose 18.9 percent to INR 23,024 crore, according to the company's Q2 FY27 financial results released on October 19.
Higher volumes support second quarter
Profit before interest, depreciation and tax rose 17.3 percent to INR 3,832 crore. UltraTech said the quarter faced monsoon-related disruption and pressure from the ongoing West Asia crisis, but higher volumes, cost optimization and premium products supported performance.
Domestic grey cement sales volumes increased 13.8 percent to 35.94 million tonnes, while capacity utilization improved to 71 percent from 66 percent a year earlier. The company said its wider market footprint and disciplined execution helped strengthen operations.
New products broaden the portfolio
UltraTech launched Ultravolt, its wires and cables business, during the quarter. The company commissioned a manufacturing facility at Jhagadia in Gujarat and is building a nationwide distribution network for the new category.
UltraTech also commissioned 3.6 million tonnes per annum of greenfield integrated cement capacity at Petnikota in Andhra Pradesh and added 1.0 million tonnes per annum through debottlenecking. Domestic grey cement capacity reached 204.7 million tonnes per annum at September 30, while global grey cement capacity stood at 210.1 million tonnes per annum including overseas operations.
Company profile and market position
UltraTech Cement produces and distributes cement, ready-mix concrete and a broad range of construction-related products. Its portfolio includes grey and white cement, building solutions, waterproofing products, industrial grout, plastering materials and construction chemicals.
The company is headquartered in Mumbai and operates primarily in India, with exports to the United Arab Emirates, Bahrain and Sri Lanka. Its expansion plan targets more than 240 million tonnes per annum of capacity by March 2028, while its building-products portfolio extends beyond traditional cement.
UltraTech Cement at a glance
- Company: UltraTech Cement Limited
- ISIN: INE481G01011
- NSE ticker: ULTRACEMCO
- Headquarters: Mumbai, India
- Sector: Basic Materials
- Industry: Construction Materials
India's broader market backdrop remains relevant for cement shares; see current market reports.
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