UltraTech Cement Ltd on Monday reported a 17.2 percent year-on-year rise in consolidated net profit at Rs 2,604 crore for the quarter ended June 30, 2026, compared with Rs 2,221 crore in the year-ago period. Consolidated net sales increased 16.3 percent to Rs 24,465 crore from Rs 21,040 crore a year earlier.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to Rs 5,146 crore in the April-June quarter from Rs 4,591 crore a year ago. The company said the strong start to FY27 was driven by broad-based growth across revenues, profitability and sales volumes.

On a per-tonne basis, operating EBITDA grew to Rs 1,214, up by Rs 16, indicating price growth holding up to a large extent. Nearly all cement players increased prices at the start of the April-June quarter,  in response to rising fuel prices in the wake of the West Asia crisis, as well as increase in prices of packaging materials.

UltraTech said domestic grey cement sales volumes grew 13.1 percent year-on-year during the quarter to 39.2 million tonne, supported by robust execution, continued operating efficiencies and the integration of acquired assets. Analysts expect demand growth for the Indian cement industry to be in around 7.5 percent in the April-June quarter.

With the company's cement capacity growing to 200 million tonne per annum (MTPA), its capacity utilisation was 81 percent. UltraTech said in a release that the strong utilisation is a sign of strong demand in segments such as residential and commercial real estate, as well as infrastructure.

The company added that the turnaround at The India Cements Ltd (ICL) gathered pace, with the subsidiary reporting a normalised profit after tax of Rs 52 crore in Q1 FY27 against a net loss of Rs 183 crore in the corresponding quarter last year, aided by 18.5 percent volume growth.

UltraTech acquired India Cements around two years ago, and recently retired three of its legacy  brands, with ICL's inventory now carrying the unified UltraTech brand. The Aditya Birla Group firm also announced capacity expansion plans for 2.8 MTPA in three locations under ICL across Tamil Nadu and Rajasthan, expected to be completed in FY28.

The company's investor presentation for the reported quarter indicates continued capacity addition in the ongoing fiscal, as well as in the years ahead. For FY27, UltraTech had planned to add capacity  of 15.9 MTPA, including slag mills at its Visakhapatnam and Patratu facilities. Of that capacity, it has already added 8.7 MTPA in the April-June quarter.


Including capacities overseas, UltraTech expects to finish FY27 with a capacity of 212.7 MTPA, while that at the end of FY28 is slated to be 242.5 MTPA, due to significant capacity additions in northern markets, and incremental capacity increases in other parts of India.