UltraTech Cement quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	23,295	19,607	+18.8%
EBITDA	3,721	3,094	+20.3%
EBITDA margin	16.0%	15.8%	+0.2 pts
Profit before tax	2,061	1,662	+24.0%
Net profit	1,501	1,238	+21.3%
EPS	₹50.78	₹41.87	+21.3%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	23,295	24,648	25,799	21,830	19,607	21,275	23,063	17,193	15,635	18,070	20,419	16,740	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	111	130	87.6	136	174	180	102	244	221	166	136	140
	23,406	24,778	25,887	21,965	19,781	21,456	23,165	17,438	15,855	18,235	20,555	16,880
	4,208	4,129	4,074	3,678	3,384	3,433	3,530	2,768	2,570	2,767	2,839	2,506
	841	710	808	594	579	535	583	636	474	439	498	378
	−388	−136	194	131	−72.1	−149	236	−108	−127	17.4	472	−228
	1,163	1,106	1,084	1,041	1,064	972	982	850	914	738	749	769
	552	453	487	492	459	433	475	382	317	256	261	262
	1,213	1,201	1,208	1,182	1,148	1,107	1,125	917	904	843	815	783
	13,749	13,822	14,039	12,470	11,557	12,074	13,114	10,160	9,786	11,068	11,746	10,061
	21,339	21,286	21,894	19,589	18,120	18,405	20,044	15,605	14,837	16,128	17,381	14,531
	3,721	5,015	5,600	3,915	3,094	4,410	4,618	2,887	2,018	3,039	4,114	3,255
	2,508	3,815	4,392	2,733	1,947	3,304	3,494	1,970	1,114	2,197	3,299	2,471
Profit
	2,067	3,492	3,993	2,377	1,662	3,050	3,121	1,833	1,018	2,107	3,173	2,349
	−6.3	−13.3	−10.9	−89.2	0.0	−38.4	−9.4	0.0	0.0	32.5	−72.0	0.0
	2,061	3,479	3,982	2,287	1,662	3,012	3,112	1,833	1,018	2,139	3,101	2,349
	436	758	865	422	331	695	358	278	118	370	765	509
	122	118	115	131	87.0	91.7	268	80.2	73.5	77.1	86.5	71.7
	557	877	981	554	418	787	626	358	191	447	852	580
	−2.2	1.4	−1.4	−4.5	−5.7	−4.3	−10.8	−1.3	−1.4	2.9	9.1	5.8
	1,501	2,604	3,000	1,729	1,238	2,221	2,475	1,474	825	1,695	2,259	1,775
	1,504	2,602	3,001	1,734	1,244	2,225	2,486	1,475	827	1,692	2,250	1,769
	0.0	0.0	0.0	0.0	0.0	0.0	0.0	−0.0	0.0	0.0	0.0	0.0
	−9.1	99.0	−39.3	−85.9	252	29.7	−65.3	79.4	525	131	−22.4	35.3
	1,492	2,703	2,961	1,644	1,490	2,251	2,409	1,553	1,350	1,827	2,236	1,810
	1,494	2,599	2,983	1,725	1,232	2,226	2,482	1,470	820	1,697	2,258	1,777
	7.6	4.4	17.3	4.0	6.4	−5.0	−7.3	4.0	5.1	−1.4	0.5	−2.2
Per share
	₹50.78	₹88.36	₹101.41	₹58.66	₹41.87	₹75.67	₹84.38	₹50.99	₹28.45	₹58.87	₹78.35	₹61.66
	₹50.75	₹88.31	₹101.35	₹58.62	₹41.84	₹75.61	₹84.31	₹50.94	₹28.43	₹58.82	₹78.29	₹61.61
Continuing & discontinued operations
	0.0	0.0	0.0	0.0	0.0	0.0	0.0	−0.0	0.0	0.0	0.0	0.0
Other comprehensive income — detail
	−9.1	99.0	−39.3	−85.9	252	29.7	−65.3	—	—	—	—	—
	−80.9	33.8	−119	−130	159	29.2	−24.8	29.8	570	126	−42.1	—
	−10.8	2.1	−19.0	−15.6	20.3	−0.4	−1.4	—	—	—	—	—
	—	—	—	—	—	—	—	9.4	76.2	14.6	−10.5	—
	61.8	90.4	0.3	20.3	100	1.9	−35.3	42.8	48.7	24.4	0.4	51.2
	0.8	23.1	−60.0	−7.9	−12.9	1.8	6.7	—	—	—	—	—
	—	—	—	—	—	—	—	−16.2	17.2	4.2	−8.9	15.9
	1,469	2,691	2,894	1,627	1,439	2,241	2,424	1,539	1,315	1,828	2,235	1,812
	23.3	11.3	67.0	17.0	50.9	9.5	−14.0	14.3	35.3	−1.5	1.1	−2.1
Per share — as-filed variants
	₹50.78	₹88.36	₹101.41	₹58.66	₹41.87	₹75.67	₹84.38	₹50.99	₹28.45	₹58.87	₹78.35	₹61.66
	₹50.75	₹88.31	₹101.35	₹58.62	₹41.84	₹75.61	₹84.31	₹50.94	₹28.43	₹58.82	₹78.29	₹61.61
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	18,633	19,944	20,724	17,427	15,716	17,456	18,714	13,897	12,718	14,846	16,610	14,085
	80.0%	80.9%	80.3%	79.8%	80.2%	82.0%	81.1%	80.8%	81.3%	82.2%	81.3%	84.1%
Adjusted (ex-exceptional items) — derived
	2,067	3,492	3,993	2,377	1,662	3,050	3,121	1,833	1,018	2,107	3,173	2,349
	−6.3	−13.3	−10.9	−89.2	0.0	−38.4	−9.4	0.0	0.0	32.5	−72.0	0.0
	1,506	2,614	3,008	1,797	1,238	2,249	2,482	1,474	825	1,670	2,311	1,775
	₹50.94	₹88.70	₹101.69	₹60.95	₹41.87	₹76.64	₹84.63	₹50.99	₹28.45	₹57.98	₹80.16	₹61.66

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

ULTRACEMCO₹11,175.00

UltraTech Cement Ltd.

· Infrastructure

Annual Quarterly₹ CrorePeersAMBUJACEM SHREECEM ACC GRASIM DALBHARAT JKCEMENT JSWCEMENT RAMCOCEMMcap ₹3.29L Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	16,740.0	20,418.9	18,069.6	15,634.7	17,193.3	23,063.3	21,275.5	19,606.9	21,829.7	25,799.5	24,648.2	23,295.1
Other Income	140.5	135.6	165.7	220.7	244.3	102.1	180.2	174.1	135.6	87.6	130.3	110.9
Total Income	16,880.5	20,554.6	18,235.3	15,855.5	17,437.6	23,165.5	21,455.7	19,781.1	21,965.3	25,887.0	24,778.5	23,406.0
Expenses
+ Cost of Materials Consumed	2,505.7	2,838.7	2,767.2	2,569.6	2,768.3	3,529.9	3,432.7	3,383.7	3,677.8	4,074.2	4,129.4	4,208.2
+ Purchases of Stock-in-Trade	377.6	498.3	439.3	474.2	635.8	583.3	535.2	579.3	594.3	807.8	710.4	841.1
+ Changes in Inventories	-227.8	472.3	17.4	-127.3	-107.9	235.7	-148.9	-72.1	130.6	193.7	-135.7	-387.6
+ Employee Benefit Expense	768.9	749.4	738.2	913.9	850.0	981.5	972.2	1,064.4	1,041.4	1,084.4	1,106.3	1,163.3
+ Finance Costs	262.2	261.2	255.6	317.1	381.9	475.0	433.3	459.3	492.2	486.9	452.9	551.8
+ Depreciation & Amortisation	783.5	814.9	842.5	903.9	916.7	1,124.6	1,106.8	1,147.7	1,181.9	1,208.1	1,200.5	1,213.4
+ Other Expenses	10,061.1	11,746.3	11,068.1	9,786.1	10,160.0	13,114.4	12,073.8	11,557.3	12,470.4	14,039.1	13,822.4	13,748.7
Total Expenses	14,531.0	17,381.1	16,128.4	14,837.4	15,604.9	20,044.5	18,405.2	18,119.6	19,588.5	21,894.2	21,286.2	21,338.9
EBITDA	3,254.6	4,113.9	3,039.3	2,018.3	2,887.1	4,618.4	4,410.3	3,094.3	3,915.2	5,600.3	5,015.5	3,721.3
EBIT	2,471.1	3,299.0	2,196.7	1,114.4	1,970.4	3,493.9	3,303.6	1,946.7	2,733.3	4,392.2	3,814.9	2,507.9
Profit
PBT before Exceptional Items	2,349.4	3,173.5	2,106.9	1,018.0	1,832.8	3,121.0	3,050.5	1,661.5	2,376.7	3,992.9	3,492.3	2,067.1
+ Exceptional Items	0.0	-72.0	32.5	0.0	0.0	-9.4	-38.4	0.0	-89.2	-10.9	-13.3	-6.3
Pretax Income	2,349.4	3,101.5	2,139.4	1,018.0	1,832.8	3,111.6	3,012.1	1,661.5	2,287.5	3,981.9	3,479.0	2,060.8
+ Current Tax	508.7	765.5	370.0	118.0	277.8	358.2	695.2	330.8	422.4	865.3	758.4	435.6
+ Deferred Tax	71.7	86.5	77.1	73.5	80.2	267.9	91.7	87.0	131.2	115.3	118.3	121.7
Tax Expense	580.4	851.9	447.1	191.4	358.0	626.1	786.9	417.9	553.6	980.5	876.7	557.2
+ Share of Associates & JVs	5.8	9.1	2.9	-1.4	-1.3	-10.8	-4.3	-5.7	-4.5	-1.4	1.4	-2.2
Net Income	1,774.8	2,258.6	1,695.2	825.2	1,473.5	2,474.8	2,220.9	1,238.0	1,729.4	3,000.0	2,603.7	1,501.4
+ Net Income — Continuing Ops	1,769.0	2,249.5	1,692.3	826.6	1,474.8	2,485.6	2,225.2	1,243.7	1,733.9	3,001.4	2,602.3	1,503.6
+ Net Income — Discontinued Ops	0.0	0.0	0.0	0.0	-0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
+ Other Comprehensive Income	35.3	-22.4	131.3	524.9	79.4	-65.3	29.7	251.6	-85.9	-39.3	99.0	-9.1
Total Comprehensive Income	1,810.1	2,236.2	1,826.5	1,350.1	1,552.9	2,409.5	2,250.6	1,489.6	1,643.5	2,960.8	2,702.7	1,492.3
Net Income to Common	1,777.0	2,258.1	1,696.6	820.0	1,469.5	2,482.0	2,225.9	1,231.6	1,725.4	2,982.8	2,599.3	1,493.8
Minority Interest	-2.2	0.5	-1.4	5.1	4.0	-7.3	-5.0	6.4	4.0	17.3	4.4	7.6
Per Share
Basic EPS	61.66	78.35	58.87	28.45	50.99	84.38	75.67	41.87	58.66	101.41	88.36	50.78
Diluted EPS	61.61	78.29	58.82	28.43	50.94	84.31	75.61	41.84	58.62	101.35	88.31	50.75
Continuing & Discontinued Operations
+ Discontinued Operations — before Tax	0.0	0.0	0.0	0.0	-0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	-65.3	29.7	251.6	-85.9	-39.3	99.0	-9.1
+ Items NOT to be Reclassified to P&L	—	-42.1	125.8	569.6	29.8	-24.8	29.2	158.8	-129.8	-118.5	33.8	-80.9
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	-1.4	-0.4	20.3	-15.6	-19.0	2.1	-10.8
+ Tax on Items NOT to be Reclassified — alt tag	—	-10.5	14.6	76.2	9.4	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	51.2	0.4	24.4	48.7	42.8	-35.3	1.9	100.2	20.3	0.3	90.4	61.8
+ Tax on Items to be Reclassified	—	—	—	—	—	6.7	1.8	-12.9	-7.9	-60.0	23.1	0.8
+ Tax on Items to be Reclassified — alt tag	15.9	-8.9	4.2	17.2	-16.2	—	—	—	—	—	—	—
Comprehensive Income — Owners of Parent	1,812.2	2,235.2	1,828.0	1,314.8	1,538.7	2,423.5	2,241.1	1,438.7	1,626.6	2,893.7	2,691.4	1,469.0
Comprehensive Income — Non-controlling Interests	-2.1	1.1	-1.5	35.3	14.3	-14.0	9.5	50.9	17.0	67.0	11.3	23.3
Per Share — as-filed variants
Basic EPS — Continuing Operations	61.66	78.35	58.87	28.45	50.99	84.38	75.67	41.87	58.66	101.41	88.36	50.78
Diluted EPS — Continuing Operations	61.61	78.29	58.82	28.43	50.94	84.31	75.61	41.84	58.62	101.35	88.31	50.75
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	14,084.6	16,609.6	14,845.6	12,718.2	13,897.1	18,714.3	17,456.4	15,716.0	17,427.0	20,723.8	19,944.1	18,633.3
Gross Margin %	84.14	81.34	82.16	81.35	80.83	81.14	82.05	80.16	79.83	80.33	80.92	79.99
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	2,349.4	3,173.5	2,106.9	1,018.0	1,832.8	3,121.0	3,050.5	1,661.5	2,376.7	3,992.9	3,492.3	2,067.1
− Exceptional Items (reconciliation)	0.0	-72.0	32.5	0.0	0.0	-9.4	-38.4	0.0	-89.2	-10.9	-13.3	-6.3
Net Income Adj (tax-effected)	1,774.8	2,310.8	1,669.5	825.2	1,473.5	2,482.3	2,249.3	1,238.0	1,797.1	3,008.3	2,613.6	1,506.0
EPS Adj	61.66	80.16	57.98	28.45	50.99	84.63	76.64	41.87	60.95	101.69	88.70	50.94
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Filed Debt Equity	0.00	0.00	0.00	0.00	0.00	0.31	0.30	0.32	0.30	0.28	0.27	0.37
Filed Dscr	2.00	11.00	5.00	6.00	6.00	4.46	7.83	3.32	5.53	3.54	6.97	2.02
Filed Iscr	12.00	14.00	14.00	8.00	9.00	6.73	9.15	6.87	7.65	10.71	8.45	6.16
Paid Up Equity Capital	288.7	288.7	288.7	288.7	288.7	294.7	294.7	294.7	294.7	294.7	294.7	294.7

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

UltraTech Cement Q2 FY27 results (July–September 2026)

Filed with NSE on Monday, 19 October 2026 at 1:45 pm IST

UltraTech Cement (NSE: ULTRACEMCO) reported its Q2 FY27 results (July–September 2026) on Monday, 19 October 2026 at 1:45 pm IST. Consolidated net profit attributable to shareholders was ₹1,494 crore, up 21.3% from ₹1,232 crore in Q2 FY26 and down 42.5% from ₹2,599 crore in Q1 FY27. Revenue from operations was ₹23,295 crore, up 18.8% year on year and down 5.5% from the previous quarter.

Q2 FY26 results (a year earlier): 18 October 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit (shareholders'): ₹1,494 Cr+21.3% vs Q2 FY26−42.5% vs Q1 FY27Total incl. minority interest ₹1,501 Cr
Revenue from operations: ₹23,295 Cr+18.8% vs Q2 FY26−5.5% vs Q1 FY27
Operating margin (EBIT): 10.8%+0.8 pts vs Q2 FY26−4.7 pts vs Q1 FY27EBIT ₹2,508 Cr
EBITDA: ₹3,721 Cr+20.3% vs Q2 FY26−25.8% vs Q1 FY27margin 16.0%
Earnings per share (basic): ₹50.78+21.3% vs Q2 FY26−42.5% vs Q1 FY27
Net profit margin: 6.4%+0.1 pts vs Q2 FY26−4.1 pts vs Q1 FY27

Questions

What was UltraTech Cement's net profit in Q2 FY27?

Consolidated net profit attributable to shareholders was ₹1,494 crore, up 21.3% from ₹1,232 crore in Q2 FY26 and down 42.5% from ₹2,599 crore in Q1 FY27. Including the minority shareholders' share, total profit was ₹1,501 crore.

What was UltraTech Cement's operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹2,508 crore, a margin of 10.8%, against 15.5% in Q1 FY27 and 9.9% in Q2 FY26. EBITDA was ₹3,721 crore, 16.0% of revenue.

What was UltraTech Cement's net profit in the first half of FY27?

Consolidated net profit attributable to shareholders for the first half of FY27 (April–September 2026) was ₹4,093 crore, up 18.4% from ₹3,457 crore in the same months a year earlier. Revenue from operations was ₹47,943 crore, up 17.3%.

What was UltraTech Cement's revenue in Q2 FY27?

Revenue from operations was ₹23,295 crore, up 18.8% year on year and down 5.5% from the previous quarter.

What was UltraTech Cement's EPS in Q2 FY27?

Basic earnings per share were ₹50.78, against ₹41.87 in Q2 FY26.

What was UltraTech Cement's revenue in FY26?

Revenue from operations was ₹88,512 crore in FY26 (April 2025–March 2026), up 16.5% from ₹75,955 crore in FY25. It was ₹70,908 crore in FY24 and ₹63,240 crore in FY23: up 40.0% over three years, 11.9% a year on average.

How were UltraTech Cement's Q2 FY27 results?

Both grew from a year earlier: net profit was up 21.3% at ₹1,494 crore and revenue was up 18.8% at ₹23,295 crore. The operating margin was 10.8%, up 0.8 percentage points from 9.9% a year earlier. Against Q1 FY27, net profit was down 42.5% and revenue down 5.5%.

What is UltraTech Cement's net profit margin?

UltraTech Cement's net profit margin was 6.4% in Q2 FY27 (net profit attributable to shareholders as a share of revenue from operations), against 6.3% in Q2 FY26 (up 0.1 percentage points). For FY26 as a whole it was 9.2%.

What was UltraTech Cement's net profit in FY26?

Consolidated net profit attributable to shareholders was ₹8,166 crore in FY26 (April 2025–March 2026), up 35.2% from ₹6,039 crore in FY25. It was ₹7,005 crore in FY24 and ₹5,073 crore in FY23: up 61.0% over three years, 17.2% a year on average.

How has UltraTech Cement's profit changed over the last four quarters?

Net profit attributable to shareholders by quarter: ₹1,725 crore in Q3 FY26, ₹2,983 crore in Q4 FY26, ₹2,599 crore in Q1 FY27 and ₹1,494 crore in Q2 FY27. That is ₹8,801 crore over the four quarters, up 18.8% from ₹7,409 crore in the four quarters before. Revenue from operations: ₹21,830 crore, ₹25,799 crore, ₹24,648 crore and ₹23,295 crore.

When did UltraTech Cement announce its Q2 FY27 results?

On Monday, 19 October 2026 at 1:45 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 18 October 2025.

When will UltraTech Cement announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these UltraTech Cement figures come from?

From UltraTech Cement's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 19 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.