UltraTech Cement Limited , an Aditya Birla Group company, has reported robust financial results for the first quarter of fiscal year 2026, showcasing significant growth across key metrics.

Financial Highlights

The company's consolidated net sales reached ₹21,040.00 crores, marking a 13% increase from ₹18,626.00 crores in the corresponding period last year. Profit before interest, depreciation, and tax (PBIDT) surged by 44% to ₹4,591.00 crores. Most notably, profit after tax (PAT) jumped by an impressive 49% to ₹2,226.00 crores.

Operational Performance

UltraTech's consolidated sales volumes grew by 9.7% year-over-year, reaching 36.83 million metric tonnes for the quarter. This growth was primarily driven by the acquisitions of The India Cements Limited and the cement business of Kesoram Industries Limited.

The company benefited from lower energy costs, which decreased by 12% compared to the previous year, mainly due to reduced fuel prices. However, raw material costs saw a marginal increase of 2%.

India Cements Turnaround

A significant highlight of the quarter was the successful turnaround of India Cements, which became a subsidiary of UltraTech effective December 25, 2024. Comprehensive efforts across multiple fronts enabled India Cements to generate an EBITDA of ₹92.00 crores, compared to a loss of ₹9.00 crores in the previous year. Through debottlenecking, an additional capacity of 0.3 million tonnes per annum was released from India Cements assets in the northern region.

Sustainability Initiatives

UltraTech continues to make strides in sustainability, ranking 9th in the Global Sectoral Ranking of the S&P Dow Jones Sustainability World Index for 2024. This marks the fourth consecutive year UltraTech has been placed in the top 10 in the Construction Material sector.

The company's commitment to reducing carbon emissions is evident in its ongoing efforts. During the quarter, UltraTech commissioned 12 MW of Waste Heat Recovery System (WHRS) capacity, bringing its total WHRS capacity to 363 MW. The share of green power in the company's power mix now stands at 39.5%.

Capacity Expansion

UltraTech's expansion program is progressing as scheduled. The company has successfully identified and executed several debottlenecking and efficiency enhancement opportunities at various locations. As a result, UltraTech increased its grey cement capacity by 3.5 million tonnes per annum in Q1 FY26, bringing its total capacity to 192.26 million tonnes per annum.

Looking Ahead

With its strong financial performance, successful integration of acquisitions, and ongoing commitment to sustainability and capacity expansion, UltraTech Cement is well-positioned to meet the growing demand for cement in India. The company remains dedicated to contributing to the country's economic development while setting new benchmarks in the industry.

UltraTech Cement Limited continues to solidify its position as the third-largest cement producer in the world outside of China, with a total grey cement capacity of 192.26 million tonnes per annum and white cement/putty capacity of 2.7 million tonnes per annum.

UltraTech Cement , the flagship company of the Aditya Birla Group, has announced robust financial results for Q1, showcasing significant growth in sales volumes and profitability.

Key Financial Highlights

Operational Performance

UltraTech successfully turned around India Cements' performance, generating EBITDA of Rs. 92.00 crores compared to a loss of Rs. 9.00 crores in the previous year. Energy costs decreased 12% year-on-year due to reduced fuel prices, while raw material costs rose marginally by 2%.

Capacity Expansion

The company increased its grey cement capacity by 3.5 mtpa during the quarter, bringing the total capacity to 192.26 mtpa.

Corporate Governance

The Board approved the following changes:

• Appointment of Deloitte Haskins and Sells LLP as Joint Statutory Auditor
• Appointment of Mr. V. Chandrasekaran as an independent director

Conclusion

UltraTech Cement's Q1 results demonstrate robust growth in key financial metrics. The company's focus on expansion, operational efficiency, and successful turnaround of acquired assets positions it well in the competitive Indian cement industry.