Stories
UltraTech Cement Q2 Net Profit Jumps 21% To Rs 1,501 Crore
- •UltraTech Cement reported a 21 percent year-on-year increase in consolidated net profit at Rs 1,501 crore for the second quarter.
- •Company revenue grew by nearly 19 percent year-on-year to reach Rs 23,295 crore, surpassing market estimates.
- •EBITDA for the quarter rose 20 percent year-on-year to Rs 3,721 crore, beating street expectations.
- •Total global grey cement production capacity reached 210.1 MTPA following expansions and greenfield plant commissioning.
- •The board approved the appointment of Kailash Chand Jhanwar as Non-Executive Vice Chairman effective January 1, 2027.
Key Questions Answered
In the second quarter of FY27, UltraTech Cement reported a consolidated net profit of ₹1,501 crore, marking a 21% increase year-on-year. Its revenue from operations grew by about 19% to surpass ₹23,295 crore, while EBITDA rose 20% to reach ₹3,721 crore.
During the quarter, the company launched a new greenfield integrated cement plant with a capacity of 3.6 MTPA in Petnikota, Andhra Pradesh. It also added 1 MTPA through debottlenecking across existing plants, bringing its total global grey cement production capacity to 210.1 MTPA by September 30, 2026.
The board approved K.K. Maheshwari's request to step down as non-executive vice chairman starting January 1, 2027, due to personal commitments. Additionally, Managing Director Kailash Chandra Jhanwar will take over as the non-executive vice chairman from that same date following the conclusion of his current term.
