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UltraTech Cement Q2 Profit Jumps 21% On Strong Volumes
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CNBC TV18•19-10-2026, 14:23
UltraTech Cement Q2 Profit Jumps 21% On Strong Volumes
- •UltraTech Cement reported a 21.2% year-on-year rise in consolidated net profit to ₹1,501 crore for the September quarter.
- •Revenue grew 19% to ₹23,295 crore, while EBITDA increased by 20.3% to ₹3,721 crore, beating analyst estimates.
- •Consolidated sales volumes rose 13% year-on-year to 38.2 million tonnes and capacity utilisation improved to 71%.
- •Despite the positive earnings report, shares of UltraTech Cement fell over 2% following the announcement.
- •Subsidiary India Cements saw shares drop 4% despite reporting a sharp increase in quarterly profitability.
Key Questions Answered
UltraTech Cement reported a 21.2% year-on-year rise in consolidated net profit to ₹1,501 crore for the September quarter. Revenue grew 19% to ₹23,295 crore, while EBITDA increased by 20.3% to ₹3,721 crore, supported by higher sales volumes.
Despite reporting earnings growth, shares of UltraTech Cement fell over 2% on Monday, October 19, trading at ₹10,705. This decline suggests investors weighed the mixed results against analyst expectations and the broader sector outlook.
India Cements reported a sharp increase in profitability with profit after tax surging 341% to ₹38.82 crore, and EBITDA rising to ₹144.33 crore. However, its shares fell 4% on Monday despite the improved operational efficiencies and higher capacity utilisation.
