UltraTech Cement reported a consolidated net profit of Rs 2,220.91 crore for Q1 FY26, a 49 per cent jump YoY. Revenue rose to Rs 21,275.45 crore, driven by acquisitions of India Cements and Kesoram’s cement business. Grey cement capacity reached 192.26 MTPA. Lower energy costs and increased WHRS capacity also supported growth.
Representational Image. File Pic
UltraTech Cement on Monday reported a consolidated net profit of Rs 2,220.91 crore for the first quarter ended June 30, 2025.
It had posted a net profit of Rs 1,493.45 crore for the year-ago period, the Aditya Birla group flagship firm said in a regulatory filing.
Revenue from operations stood at Rs 21,275.45 crore during the first quarter of FY26. It was Rs 18,818.56 crore a year earlier.
The company said its results for the June quarter are not comparable due to the acquisition of South-based India Cements Ltd, Wonder WallCare and Ras Al Khaimah, UAE-based RAKWCT.
Moreover, the scheme for merger of cement business of Kesoram Industries with UltraTech and their respective shareholders and creditors was also effective from March 1, 2025.
"The company's consolidated sales volumes reached 36.83 million tonne for the quarter, growing 9.7 per cent with the acquisitions of India Cements Limited and the cement business of Kesoram Industries," UltraTech said in its earnings statement.
With all these acquisitions and brownfield expansions, UltraTech has increased its grey cement capacity to 192.26 million tonnes per annum (MTPA).
"UltraTech's expansion program is progressing as scheduled, with the company continuously enhancing its production capabilities to meet the growing demand for cement," it said.
Its total expenses in the June quarter of FY26 were at Rs 18,405.19 crore.
The company's total income, which includes other income, was at Rs 21,455.68 crore in the June quarter.
During the quarter, its energy costs were lower by 12 per cent Year-on-Year (YoY), mainly on account of reduced fuel prices.
However, raw material costs marginally rose by 2 per cent, the statement added.
On India Cements Ltd, the company which UltraTech acquired in December last year, said, "Comprehensive efforts on multiple fronts have enabled India Cements to generate an EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) of Rs 92 crore, compared to a loss of Rs 9 crore last year".
Moreover, through debottlenecking, an additional capacity of 0.3 MTPA has been released from the India Cements assets in the lucrative northern region.
"Furthermore, a capex plan is being made for investments over the next two years for improvement in all areas of operations to bring these assets at par with UltraTech standards," it said.
In the June quarter, UltraTech commenced 12 MW of WHRS (Waste Heat Recovery Systems) capacity.
"With this, the company's total WHRS capacity stands augmented to 363 MW," it said, adding that "The share of green power in the company's power mix is 39.5 per cent."
Shares of UltraTech Cement settled 0.49 per cent higher at Rs 12,560 apiece on the BSE.
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
