UltraTech Cement announced a 21.3% increase in Net Sales to ₹19,371 crores for Q2FY26. It operationalized a 7.5 MW hybrid renewable energy project in Gujarat, integrating solar and wind power with battery storage for uninterrupted operations. Domestic grey cement capacity reaches 186.86 mtpa. The company also passed on GST benefits to its customers and commenced 9 MW of WHRS capacity, boosting its green power share to 41.6%.
Financial Performance Highlights
UltraTech Cement reported robust financial results for Q2FY26:
- Net Sales: ₹19,371 crores, a 21.3% increase year-over-year from ₹15,967 crores.
- Profit Before Interest, Depreciation and Tax (PBIDT): ₹3,268 crores, compared to ₹2,253 crores in the corresponding period of the previous year.
- Profit After Tax (PAT): ₹1,232 crores, up from ₹703 crores.
Domestic grey cement volumes increased by 22.3%. Existing UltraTech assets generated an operating EBITDA of ₹966 per ton. Acquired assets from India Cements and Kesoram generated operating EBITDA of ₹386 per ton and ₹755 per ton respectively.
Sustainability Initiatives
UltraTech is committed to environmental conservation and has taken the following steps:
- Operationalized a 7.5 MW round-the-clock (RTC) hybrid renewable energy project at Sewagram Cement Works, Gujarat, integrating solar and wind energy with battery storage.
- Commenced 9 MW of Waste Heat Recovery System (WHRS) capacity. Total WHRS capacity now stands at 369 MW.
Green power (including WHRS and RE power) accounted for 41.6% of the Company’s power mix during the quarter.
Capacity Expansion
UltraTech’s total domestic grey cement capacity is 186.86 mtpa. Including overseas operations, total global capacity stands at 192.26 mtpa, as of Q2FY26. Expansion plans are proceeding as scheduled.
GST Transition
The company transitioned to GST 2.0 with effect from September 22, 2025, passing on the full benefit of reduced GST rates to customers.
Source: BSE
