UltraTech Cement reports strong quarterly net profit and higher sales

UltraTech Cement reported a net profit of 1,501 crore rupees for the second quarter, marking a 21.3 percent rise compared to the same period last year. Domestic grey cement sales volumes grew by 13.8 percent to reach 35.94 million tonnes during the quarter.

Operations And Expansion

The company's capacity utilisation rose to 71 percent, up from 66 percent in the previous year. Company officials stated that higher sales volumes and better profitability strengthened their position in the market. Consolidated domestic grey cement capacity stood at 204.7 million tonnes per annum as of September 30, 2026. Global grey cement capacity reached 210.1 million tonnes per annum, which includes 5.4 million tonnes of overseas capacity. UltraTech Cement remains on track with its organic growth capital expenditure programme to cross 240 million tonnes per annum of capacity by March 2028. During the quarter, the company also added 117 megawatts of renewable energy and 10 megawatts of Waste Heat Recovery System capacity to increase its share of green power.

Context

Cement demand in India is closely linked to government spending on infrastructure and real estate activity. Large players continue to expand their production capacity to meet growing domestic consumption. Companies are also investing in renewable energy sources to manage power costs and lower their carbon footprint.