
UltraTech Cement Reports 20% Rise in Net Profit to Rs 2,983 Crore for Q4
UltraTech Cement Reports 20 Percent Increase in Consolidated Net Profit
UltraTech Cement, a leading cement manufacturer and a part of the Aditya Birla Group, has reported a significant increase in its consolidated net profit for the quarter ended March 31, 2026. The company's net profit stood at Rs 2,983 crore, marking a 20 percent increase compared to the same period last year, when it reported a net profit of Rs 2,482 crore.
The growth in net profit was driven by a 9.3 percent increase in sales volumes to 42.41 million tonnes for the quarter, with capacity utilisation reaching 89 percent. The company's revenue from operations rose 12 percent to Rs 25,799 crore in Q4FY26, compared to Rs 23,063 crore in Q4FY25. UltraTech also declared a dividend of Rs 240 per share for FY26.
In a notable achievement, the company has reached a capacity of around 197 million tonnes per annum (MTPA), with plans to take its capacity to over 240 MTPA over the next three years. The company has spent Rs 9,600 crore on capital expenditure in FY26 and plans to spend an additional Rs 16,000 crore over the next three years to achieve this goal.
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The company's earnings before interest, taxation, depreciation, and amortisation (EBITDA) for the quarter grew 20 percent to Rs 5,688 crore, its highest ever for any quarter. The EBITDA on a per tonne basis, a key metric for cost competitiveness and price realisation, grew by 11 percent over the same period to Rs 1,253, including operations of its subsidiary India Cements and its sales under the UltraTech brand.
UltraTech's net debt at the end of FY26 was Rs 16,620 crore, a reduction from the Rs 17,669 crore reported at the end of FY25. Sales realisations for the quarter remained largely flat year-on-year at Rs 5,034 per tonne. The company reported a decrease in costs under most heads, including logistics, fuel, and power. However, costs of raw materials showed a 6 percent increase on an annual basis, as fly ash costs increased, as did costs of raising limestone from its mines.
| Quarter | Sales Volumes (Million Tonnes) | Revenue from Operations (Rs Crore) |
|---|---|---|
| Q4FY25 | 38.73 | 23,063 |
| Q4FY26 | 42.41 | 25,799 |
Notwithstanding the geopolitical conflict in West Asia, which exerted upward pressure on fuel prices, packaging materials, diesel, and ocean freight, the company's resilient procurement strategy and diversified sourcing helped substantially mitigate the impact.
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Investor Takeaway
UltraTech Cement's 20% rise in net profit indicates a positive trend, but investors should monitor the company's capacity expansion plans.
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