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UltraTech Cement posted a record Q1 FY27, with domestic volumes surging 13.1% and capacity utilization at 81%. EBITDA reached ₹5,146 Cr (+12%) and PAT ₹2,604 Cr (+17.2%). Management sees robust demand in infrastructure, housing, and real estate, aiming for double-digit volume growth this fiscal year. The company commissioned 8.7 MT new capacity, boosting total to 205.5 MT, with further expansion to over 242 MT planned. India Cements' integration shows improving profitability. Q2 may experience ₹130-₹140/ton cost pressure from monsoon effects and fuel prices. Management expresses confidence in continued growth and market leadership.