UltraTech Cement Limited reported a 21.3% year-on-year (YoY) increase in consolidated net profit attributable to owners of the parent to \u20b91,493.77 crore for the second quarter of FY27, compared with \u20b91,231.58 crore in the corresponding quarter last year.<\/p>\n\n\n\n
The cement manufacturer\u2019s consolidated revenue from operations rose 18.8% YoY to \u20b923,295.07 crore from \u20b919,606.93 crore in Q2 FY26. The company\u2019s operating performance benefited from higher sales volumes, although rising power, fuel and material costs continued to put pressure on margins.<\/p>\n\n\n\n
Consolidated results<\/strong><\/p>\n\n\n\n Note: The figures above are consolidated. Revenue from operations, net sales and profit attributable to owners are different financial measures and should not be used interchangeably.<\/em><\/p>\n\n\n\n UltraTech Cement\u2019s revenue from operations increased to \u20b923,295.07 crore from \u20b919,606.93 crore in Q2 FY26. Consolidated net sales rose 18.9% to \u20b923,024 crore.<\/p>\n\n\n\n Domestic grey cement sales volumes grew 13.8% year-on-year to 35.94 million tonnes from 31.58 million tonnes. Capacity utilisation also improved to 71% from 66% in the corresponding quarter last year.<\/p>\n\n\n\n The increase in sales volumes and capacity utilisation points to stronger production and sales activity during the quarter. However, cement demand, regional pricing and logistics costs remain important factors influencing profitability.<\/p>\n\n\n\n UltraTech Cement\u2019s consolidated net profit attributable to owners increased to \u20b91,493.77 crore from \u20b91,231.58 crore in Q2 FY26.<\/p>\n\n\n\n PBIDT rose 17.3% year-on-year to \u20b93,832 crore, slower than the growth in revenue. The PBIDT margin narrowed to approximately 16.6% from 16.9% a year earlier.<\/p>\n\n\n\n Total expenses increased 17.8% to \u20b921,338.88 crore. Power and fuel expenses rose 24% to \u20b95,511.06 crore, while the cost of materials consumed increased 24.4% to \u20b94,208.23 crore. Freight and forwarding expenses also rose 16.5% to \u20b94,809.65 crore.<\/p>\n\n\n\n These figures indicate that higher sales and production activity supported earnings growth, while increases in input and logistics costs limited margin expansion.<\/p>\n\n\n\n During the quarter, UltraTech commissioned 3.6 million tonnes per annum (MTPA) of new integrated capacity at Petnikota in Andhra Pradesh. It also added 1 MTPA through debottlenecking at plants in Visakhapatnam, Patratu and Nathdwara.<\/p>\n\n\n\n As of September 30, 2026, the company\u2019s domestic grey cement capacity stood at 204.7 MTPA. Including 5.4 MTPA of overseas capacity, its global grey cement capacity reached 210.1 MTPA.<\/p>\n\n\n\n The company remains on track to increase its capacity to more than 240 MTPA by March 2028. UltraTech also launched its Ultravolt wires and cables business and commissioned a manufacturing facility at Jhagadia in Gujarat.<\/p>\n\n\n\n UltraTech Cement\u2019s Q2 FY27 results show double-digit growth in revenue, cement sales volumes and consolidated net profit. Higher capacity utilisation and new capacity additions may support its future growth.<\/p>\n\n\n\n However, the narrowing PBIDT margin and increases in power, fuel, material and freight expenses highlight the importance of cost control. Investors tracking the company may monitor cement realisations, regional demand, energy costs, capacity utilisation and the pace of new capacity additions in subsequent quarters.<\/p>\n\n\n\n\n
Revenue and Cement Volumes Show Growth<\/h2>\n\n\n\n
Net Profit Rises Despite Cost Pressures<\/h2>\n\n\n\n
Manufacturing Capacity Expands<\/h2>\n\n\n\n
What the Results Mean for Investors<\/h2>\n\n\n\n