Mumbai: India’s largest cement producer, UltraTech Cement, has kicked off the first quarter of the fiscal year 2027, posting a 17.2% year-on-year increase in net profit to ₹1,987 crore from ₹1,695 crore in the same quarter last year. This rise has been primary strengthened by strong domestic demand from core infrastructure projects.
The flagship company of the Aditya Birla Group has also seen its volumes increase 13.1% year-on-year (YoY) to 39.2 million metric tonnes (MMT) domestically even as revenues from operations rose 16% to ₹24,648 crores.
The company’s capacity utilization stood at 81%, as its installed capacity reached 200.1 MTPA in India, with demand coming from housing, infrastructure and commercial construction segments. Its Operational EBITDA per tonne has improved to ₹1,214 from ₹1,198 per tonne in the same quarter last year, as the company continues to focus on cost discipline and execution excellence.
To further its sustainability initiatives, the company has commissioned 20 MW of Waste Heat Recovery System (WHRS) capacity during the quarter. With this, Ultratech’s total WHRS has increased to 434 MW. This has helped it achieve a green power mix of 47% by the end of the quarter.
The strong results have come amid higher fuel costs due to the West Asia crisis. This has shown in the company’s margins, which have declined to 20.35% from 20.73% in the same quarter last year. Being in the dominant position has helped UltraTech absorb higher fuel costs better than its smaller rivals.
