The company reported a 17.2% year-on-year increase in consolidated net profit to ₹2,604 crore, comfortably ahead of the CNBC-TV18 poll estimate of ₹2,453 crore.
Revenue from operations rose 15.8% from a year earlier to ₹24,648 crore, beating the CNBC-TV18 estimate of ₹24,440 crore.
Operating performance also exceeded expectations, with EBITDA increasing 13.7% year-on-year to ₹5,016 crore, compared with the CNBC-TV18 poll estimate of ₹4,934 crore.
EBITDA margin stood at 20.4%, slightly lower than 20.7% a year ago due to higher costs, but ahead of the CNBC-TV18 estimate of 20.2%.
Operationally, the company continued to deliver healthy growth. Grey cement volumes increased 13.1% year-on-year to 39.17 million tonnes, while operating EBITDA per tonne improved to ₹1,214 from ₹1,198 a year ago. Sales realisations also increased 3.7% sequentially during the quarter, while consolidated volumes grew 12.2% year-on-year.
UltraTech said its planned foray into the wires and cables business remains on track, with commercial operations expected to commence in the third quarter. Against the planned investment of ₹1,800 crore, the company had committed ₹888 crore as of June 2026.
Shares of UltraTech Cement were trading near the day’s high following the earnings announcement, up nearly 2% at ₹11,948. The stock has gained about 5% over the past month.
