Stories
UltraTech Cement Shares Drop 5 Percent From Day High Following Q2 Results Miss
- •UltraTech Cement shares fell 5 percent from the day high after missing analyst estimates for the September quarter.
- •Consolidated net profit rose 21.3 percent year-on-year to Rs 1,494 crore, falling short of the expected Rs 1,705 crore.
- •Consolidated revenue from operations increased by 18.8 percent to Rs 23,295.1 crore during the July-September quarter.
- •Domestic grey cement sales volumes grew 13.8 percent year-on-year to 35.94 million tonnes despite monsoon challenges and the West Asia crisis.
- •Capacity utilisation improved to 71 percent from 66 percent in the corresponding quarter last year.
Key Questions Answered
UltraTech Cement shares fell 5% from their day's high after the company reported second-quarter results that missed analysts' estimates. Although consolidated net profit rose 21.3% year-on-year to Rs 1,494 crore, it fell short of the expected Rs 1,705 crore due to higher raw material costs.
During the July-September quarter, UltraTech Cement reported an 18.8% rise in consolidated revenue from operations to Rs 23,295.1 crore. Meanwhile, consolidated net profit increased by 21.3% year-on-year to reach Rs 1,494 crore.
Domestic grey cement sales volumes grew by 13.8% year-on-year to reach 35.94 million tonnes during the quarter, compared to 31.58 million tonnes in Q2 FY26. This strong volume growth was achieved despite challenges from a monsoon-affected period and the ongoing West Asia crisis.
