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SAURABH SAHU

20th Oct · SEBI-Registered Analyst

**UltraTech Cement Q2 FY26 Results: Revenue Rises 21%, PAT Jumps 75% YoY**

**Mumbai, October 20, 2025:** UltraTech Cement Limited delivered a robust financial performance for the quarter ended September 2025 (Q2 FY26), supported by strong volume growth, higher realizations, and disciplined cost management. The company reported **consolidated revenue of ₹19,371 crore**, marking a **21.3% year-on-year increase**, while **PAT surged 75% YoY to ₹1,232 crore**. **Operating EBITDA** rose **45% YoY to ₹3,268 crore**, with an **EBITDA margin improvement** driven by efficiency gains and increased premium product contribution. Domestic grey cement volumes grew **6.8% YoY** to **31.6 million tonnes**, while realizations improved **4.5% YoY**. The company’s **green power mix** rose to **41.6%**, showcasing progress toward its sustainability goals. Logistics and fuel costs declined **6% YoY** each due to network optimization and higher use of renewable energy sources. UltraTech commissioned **14.1 MTPA** of new capacity in FY26 and plans an additional **15.1 MTPA** expansion in FY27, reinforcing its position as India’s largest cement producer with over **166.7 MTPA** capacity. On the ESG front, the company achieved a **77 score in S&P Global’s CSA rankings** and operationalized India’s first **hybrid round-the-clock renewable energy project** at Sewagram. Management remains optimistic about sustained demand from housing, infrastructure, and rural sectors, supported by government spending and favorable monsoon conditions. UltraTech’s strong balance sheet and expanding green energy portfolio position it well for continued growth and value creation in the coming quarters.

ULTRACEMCO

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