UltraTech's Q2 profit rises 21.3% to ₹1,501 crore; grey cement sales up 13.8%

What happened

• UltraTech Cement's net profit for the September 2026 quarter was ₹1,501 crore, up 21.3% from ₹1,238 crore a year earlier, according to Upstox and HDFC Sky. HDFC Sky timed its report at 3:42 PM on Monday, and Upstox's at 2:55 PM, while the market was open.
• Domestic grey cement sales were 35.94 million tonnes against 31.58 million tonnes, up 13.8%, both outlets reported. HDFC Sky gave consolidated sales volume as 38.22 million tonnes, up 12.9%.
• The company said it performed well despite a monsoon-affected quarter and the West Asia crisis, per HDFC Sky. Upstox put the EBITDA margin at 16.6% against 16.8% a year earlier. The two outlets quote different revenue totals, so none is given here.
• The shares closed at ₹10,606 on Kite data, down 2.76% from ₹10,907.

Why it matters

Good to know: Grey cement is the ordinary grey grade used in most construction. White cement is a separate, smaller product used mainly for finishing and decorative work, and companies report the two volumes separately.

Key facts

Net profit

₹1,501 crore (₹1,238 crore a year earlier), up 21.3%

Domestic grey cement sales

35.94 million tonnes (31.58 million tonnes), up 13.8%

EBITDA margin

16.6% (16.8% a year earlier), per Upstox

Read the source

• Ultratech Cement Q2 results: Net profit jumps 21.3% at ₹1,501 crore; shares trade in redUpstox
• UltraTech Cement Q2 Profit Rises 21.3% to Rs 1,501 CrHDFC Sky