UltraTech Q1 FY27 Earnings: PAT At ₹2,604 Crore, Up 17%; Cement Volumes Jump 13.1%

UltraTech Cement's June quarter was marked by higher sales, improved profitability and continued volume growth, alongside a turnaround at India Cements.

Consolidated net sales rose 16% year-on-year to ₹24,465 crore, while profit after tax (PAT) increased 17% to ₹2,604 crore. Profit before interest, depreciation and tax (PBIDT) stood at ₹5,146 crore, compared with ₹4,591 crore in the corresponding quarter last year.

The company attributed the quarter's performance to higher volumes, disciplined execution, operating efficiencies and the continued integration of acquired assets. Domestic grey cement sales volumes rose to 39.2 million tonnes during the quarter, while capacity utilisation reached 81% across its Indian operations.

UltraTech Cement shares closed at ₹11,900, up 1.48% on 20 July 2026.

How Did UltraTech Cement Perform In Q1 FY27?

UltraTech's consolidated net sales came in at ₹24,465 crore for the June quarter, up from ₹21,040 crore a year earlier. PBIDT rose to ₹5,146 crore, while PAT increased to ₹2,604 crore from ₹2,221 crore in Q1 FY26.

According to the company, stronger execution across its operations and better operating efficiencies supported earnings during the quarter. It also said the integration of acquired assets continued to contribute to profitability.

The turnaround at India Cements remained another highlight. The company reported a normalised PAT of ₹52 crore in Q1 FY27, compared with a net loss of ₹183 crore in the corresponding period last year. India Cements also recorded volume growth of 18.5%, reflecting progress in integrating the acquired business.

What Drove UltraTech's Operating Performance?

Domestic grey cement sales volumes increased 13.1% year-on-year to 39.2 million tonnes. Capacity utilisation stood at 81% on an installed capacity of 200.1 Million Tonnes Per Annum (MTPA) in India, supported by demand from the housing, infrastructure and commercial construction segments.

Operating Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) per tonne improved to ₹1,214 from ₹1,198 in the year-ago quarter. The company said its focus on cost discipline and execution helped improve operating performance during the quarter.

UltraTech also continued to strengthen its manufacturing footprint. After crossing the 200 MTPA domestic cement capacity milestone in April 2026, the company ended the quarter with 200.1 MTPA of domestic grey cement capacity and 205.5 MTPA of global capacity.

Its ongoing expansion programme includes a mix of greenfield projects, brownfield expansions and debottlenecking initiatives aimed at improving market reach, logistics efficiency and service capabilities across regions.

What Were The Key Developments Beyond Earnings?

The company continued to expand its sustainability initiatives during the quarter. It commissioned an additional 20 MW of Waste Heat Recovery System (WHRS) capacity, taking its total installed WHRS capacity to 434 MW.

Renewable energy capacity stood at 1.4 GW by the end of the quarter. As a result, green power accounted for 47% of the company's total power mix.

UltraTech also deployed electric heavy-duty trucks for mining operations and clinker transportation as part of its green logistics programme. The company said these initiatives form part of its broader decarbonisation strategy covering energy efficiency, circularity and logistics.

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