UltraTech Cement, an Aditya Birla Group company, has reported that its net profit was up 21 per cent at ₹1,501 crore against ₹1,238 crore logged in the same period last year, on higher volumes and wider market reach.
Revenue increased 19 per cent to ₹23,295 crore (₹19,607 crore). EBITDA was up 17 per cent at ₹3,832 crore (₹3,268 crore) in the quarter under review.
In a related party transactions, UltraTech has given unconditional Corporate Guarantee of up to $55 million (about ₹522 crore) for a loan to be obtained by UHG Holdings IFSC, an associate company.
Despite the heavy seasonal rains and ongoing West Asia crisis, cement sales volumes rose 14 per cent to 35.94 million tonnes (31.58 mt) supported by a wider market footprint, cost optimisation and a sharper focus on premium products, said the company.
Capacity utilisation jumped to 71 per cent from 66 per cent over the same period last year. Realisation was up 2 per cent at ₹5,176 per tonne, against ₹5,076 a tonne.
Overall expenses rose 18 per cent at ₹21,339 crore, against ₹18,120 crore logged last year on the back of higher inventory of ₹388 crore (₹72 crore), power and fuel cost at ₹5,511 crore (₹4,441 crore) and freight charges of ₹4,810 crore (₹4,127 crore).
Packaging cost increased 30 per cent to ₹216 a tonne against ₹166 a tonne last year due to run-up in crude oil prices.
However, power costs were down at ₹337 a tonne (₹382 a tonne) due to an increase in use of captive green power.
During the quarter, UltraTech launched Ultravolt, its wires and cables business, adding a new category to its building products portfolio and is in the process of setting up a strong distribution network as part of its pan-India strategy. The company has spent ₹1,100 crore in setting up the business.
The company has a modern manufacturing facility at Jhagadia, Gujarat. The overall planned capacity entails consumption of 78,000 tonne of copper and 24,000 mt of aluminium, already positions the company as the second largest player in terms of capacity in the housing wires segment.
The brand has garnered strong endorsement from retailers, electricians and industry influencers for its quality, safety and performance-focused product portfolio, said the company.
KK Maheshwari will step down as Non-Executive Vice Chairman due to his current engagements and other personal commitments from January 1.
Kailash Chandra Jhanwar will be elevated to Non-Executive Vice Chairman from Managing Director from January 1.
Published on October 19, 2026
