- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
UltraTech Cement reported strong Q2 FY26 financial results.
1. **Business Performance:** Consolidated sales volumes grew 6.9% YoY to 33.85 Mn tonnes, with domestic grey cement volumes up 7.1%. The UltraTech brand saw domestic volumes surge 13.2%. The Ready Mix Concrete (RMC) business also performed well, with revenue jumping 30% YoY to ₹1,811 Cr on 26% volume growth.
2. **Growth Drivers or Strategy:** The company is aggressively expanding capacity, with 14.1 mtpa planned for FY26 and 15.1 mtpa for FY27. A strategic partnership with CONCOR aims to optimize logistics costs and enhance green transport in key markets.
3. **Recent Developments:** UltraTech commissioned India's first on-site hybrid round-the-clock (RTC) renewable energy project at Sewagram, contributing to a strong 41.6% green power mix.
4. **Key Financial Metrics:** Consolidated Revenue rose 21.3% YoY to ₹19,371 Cr, with Profit after Tax (PAT) soaring 75% YoY to ₹1,232 Cr. Operating EBITDA stood at ₹3,268 Cr.
5. **Management Outlook:** Macro indicators suggest continued demand tailwinds for the sector from housing, rural economy, and infrastructure spending, supported by an upward GDP revision. The company continues its focus on cost efficiency, reflected in lower logistics, fuel, and power costs.