UltraTech Cement announced strong Q2FY26 results, driven by a 21.3% increase in net sales to ₹19,371 crores. Profit before interest, depreciation, and tax rose to ₹3,268 crores, and profit after tax reached ₹1,232 crores. The company’s domestic grey cement volumes grew by 22.3%, exceeding industry growth. Green power initiatives and capacity expansions are also underway.
Financial Performance
UltraTech Cement reported a strong performance in Q2FY26 with consolidated net sales of ₹19,371 crores, a 21.3% increase compared to the previous year’s ₹15,967 crores. Profit before interest, depreciation, and tax (PBIDT) stood at ₹3,268 crores, up from ₹2,253 crores. The company’s profit after tax (PAT) was reported as ₹1,232 crores, against ₹703 crores during the same period last year.
Operational Highlights
Domestic grey cement volumes experienced substantial growth of 22.3%. This growth exceeds industry expectations. Energy costs decreased by 7% YoY, but raw material costs increased by 5%. Operating EBITDA per ton for existing UltraTech assets is at ₹966.
Acquisitions
Assets acquired from India Cements and Kesoram generated operating EBITDA of ₹386 and ₹755 per ton, respectively. Integration of these assets is progressing, with 55% of Kesoram volumes and 31% of India Cements volumes now under the UltraTech brand.
Sustainability Initiatives
A 7.5 MW round-the-clock (RTC) hybrid renewable energy project was commissioned at Sewagram Cement Works in Gujarat. This integrates solar and wind energy with battery storage. Additionally, 9 MW of Waste Heat Recovery System (WHRS) capacity was added, bringing the total WHRS capacity to 369 MW. Green power now constitutes 41.6% of the company’s power mix.
Capacity Expansion
UltraTech’s capacity expansion program is proceeding as planned. The company’s domestic grey cement capacity is 186.86 mtpa, and its global capacity, including overseas operations, now totals 192.26 mtpa.
Source: BSE
