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Informist, Saturday, Jan. 24, 2026

 

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--UltraTech Oct-Dec consol net profit INR 17.25 bln
--Analysts saw UltraTech Oct-Dec consol net profit at INR 14.86 bln
--UltraTech Oct-Dec consol revenue INR 218.30 bln
--Analysts saw UltraTech Oct-Dec consol revenue at INR 206.68 bln
--UltraTech Oct-Dec consol net profit INR 17.25 bln vs INR 13.59 bln yr ago
--UltraTech Oct-Dec consol revenue INR 218.30 bln vs INR 177.79 bln year ago
--UltraTech Apr-Dec consol net profit INR 51.83 bln vs INR 35.57 bln yr ago
--UltraTech Apr-Dec consol revenue INR 627.12 bln vs INR 528.92 bln year ago
--UltraTech Oct-Dec consol EBITDA INR 40.51 bln vs INR 31.42 bln year ago
--UltraTech Oct-Dec operating EBITDA INR 1,051/tn, up INR 140 on yr
--UltraTech Q3 India grey cement sales realisation INR 4,920/tn, dn 0.4% on yr
--UltraTech Oct-Dec India grey cement sales realisation down 3.3% on qtr
--UltraTech Oct-Dec domestic grey cement revenue INR 172.29 bln, up 18.4% YoY
--UltraTech Oct-Dec India Cements revenue INR 11.07 bln
--UltraTech Oct-Dec ready mix concrete revenue INR 18.48 bln, up 25.8% YoY
--UltraTech Oct-Dec India white cement revenue INR 6.77 bln, up 5.6% YoY
--UltraTech Oct-Dec revenue from overseas INR 11.94 bln, up 35.1% on yr
--UltraTech Oct-Dec consol sales volume 38.87 mln tn, up 15% on year
--UltraTech Oct-Dec domestic grey cement volume 36.37 mln tn, up 15.4% YoY
--UltraTech Oct-Dec grey cement logistics cost INR 1,135/tn, dn 4% on yr
--UltraTech Oct-Dec grey cement power cost INR 349/tn, dn 15% on yr
--UltraTech Oct-Dec grey cement raw materials cost INR 664/tn, up 6% on yr
--UltraTech: Confident of meeting launch timelines of Q3 for cable, wire ops
 

 

By Astha Oriel

 

MUMBAI – UltraTech Cement Ltd. reported a double-digit year-on-year increase in its consolidated top line and bottom line for the December quarter, beating Street estimates. The increase in net profit was due to a rise in cement demand for construction activity, while growth in volumes boosted the company's net revenue for the December quarter.

 

The consolidated net profit of the country's largest cement manufacturer for the December quarter was INR 17.25 billion, up nearly 27% on year and 40% on quarter. The company's net profit was INR 13.59 billion in the year-ago quarter. Analysts had estimated Ultratech's net profit at INR 14.86 billion. This is the fourth consecutive quarter of an on-year increase in the company's net profit. 

 

The cement major's revenue from operations was INR 218.30 billion, up nearly 23% on year and more than 11% on quarter. The company's net sales in the year-ago quarter were INR 177.79 billion. Analysts had estimated the company's revenue at INR 206.68 billion. 

 

The company's consolidated sales volume was 38.87 million tonnes, up 15% on year. In the year-ago quarter, the sales volume was 30.37 million tonnes.

 

In the December quarter, the company's total expenses were INR 195.88 billion, up nearly 20% on year, and more than 8% on quarter, driven by power and fuel expenses, freight and forwarding expenses, and the cost of materials consumed. The cement manufacturer's power and fuel expense was INR 48.75 billion, up nearly 14% on year, and nearly 10% on quarter. The company's freight and forwarding expense was INR 47.58 billion, up nearly 18% on year, and more than 15% on quarter. The cost of materials consumed was INR 36.78 billion, up nearly 31% on year, and nearly 9% on quarter. 

 

The company's employee benefit expenses stood at INR 10.41 billion, up 17% year-on-year, but down more than 2% on quarter. Following the implementation of new labour codes, the company paid INR 884.8 million as exceptional items towards additional gratuity and leave encashments. Without this exceptional item, the company's net profit would have been INR 18.13 billion. 

 

The company's earnings before interest, tax, depreciation, and amortisation were INR 40.51 billion, up nearly 29% on year. The operating margin expanded to 18% from 16% in the year-ago quarter. The company's operating EBITDA (excluding India Cements) was INR 1,051 per tonne in the reporting quarter. 

 

The company's domestic grey cement revenue was INR 172.29 billion, up 18.4% on year. During the quarter, the cost for grey cement logistics was INR 1,135 per tonne, down 4% on year. The power cost for grey cement was down 15% on year at INR 349 per tonne. The raw materials cost for grey cement was INR 664 per tonne, up 6% on year. The company's domestic grey cement volume for the December quarter was up 36.37 million tonnes, up more than 15% year-on-year. The company's grey cement sales realisation was down 0.4% on year and 3.3% on quarter at INR 4,920 per tonne.

 

The company said that during the quarter, it commissioned 600,000 tonnes per annum of cement capacity at its grinding unit at Dhule Cement Works in Maharashtra and 1.2 million tonnes per annum at the integrated unit at Nathdwara Cement Works in Rajasthan. With these additions, the company's domestic grey cement capacity is at 188.66 million tonnes per annum.

 

Revenue from ready mix concrete in the December quarter was INR 18.48 billion, up 25.8% on year. The revenue from India white cement was up 5.6% on year at INR 6.77 billion. The company's revenue from India Cements Ltd., which is a subsidiary of UltraTech, was INR 11.07 billion. 

 

Domestic white cement volume was 550,000 tonnes per annum, up nearly 8% on year. The volume for India Cements was 2.59 million tonnes per annum, up over 25% on year. The company's sales volume from the overseas market and exports was 2.18 million tonnes per annum. In the December quarter, the company's global capacity reached 194.06 million tonnes per annum. 

 

The company said it is working to add 22.8 million tonnes per annum of capacity through a mix of brownfield and greenfield projects. Post the completion of these projects, it will have capacity of 240.76 million tonnes per annum. The company also said it is confident of meeting the launch timelines for cables and wire operations by the next December quarter. 

 

For the nine-month period ended December, the company's consolidated net profit was INR 51.83 billion, up nearly 46% on year. The consolidated revenue for the period was INR 627.12 billion, up nearly 19%.

 

On Friday, shares of UltraTech Cement ended largely steady at INR 12,369 on the National Stock Exchange.  End

 

Edited by Avishek Dutta

 

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