UltraTech Cement reported a 21.3 percent year-on-year increase in consolidated net profit to Rs 1,493.8 crore for the second quarter of FY27, supported by strong cement sales volumes and higher revenue. However, the company's shares declined more than 2 percent in Monday's afternoon trade following the earnings announcement.
The cement major's consolidated revenue from operations rose 18.8 percent to Rs 23,295.1 crore during the July-September quarter, compared with approximately Rs 19,608.7 crore in the corresponding period last year.
UltraTech Cement shares were trading 2.4 percent lower at Rs 10,645 in afternoon trade. The stock has declined 10.7 percent so far in 2026, compared with a 12.5 percent fall in the Nifty 50. The company's market capitalisation stood at approximately Rs 3.14 lakh crore.
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UltraTech Cement reported a 17.3 percent year-on-year increase in profit before interest, depreciation and tax (PBIDT) to Rs 3,832 crore, compared with Rs 3,268 crore in the year-ago quarter. Consolidated net sales increased 18.9 percent to Rs 23,024 crore from Rs 19,371 crore a year earlier.