Quarterly Results

In the cement sector, near-term weakness persists due to subdued demand, muted pricing trends and high petcoke prices.

UltraTech Cement's consolidated net profit jumped 75.2 per cent year-on-year (Y-o-Y) in Q2FY26 at ₹1,231.58 crore, as against ₹702.82 crore.

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Revenue from operations rose 20.3 per cent YoY to ₹19,606.93 crore. Grey cement volumes grew 7.1 per cent YoY, while realisations improved 4.5 per cent

UltraTech Cement, India's leading cement maker, on Saturday reported a consolidated net profit of Rs 1,237.98 crore in the September quarter of FY26. It had posted a net profit of Rs 707.96 crore in the July-September period a year ago, the Aditya Birla group flagship firm said in a regulatory filing. Revenue from operations was at Rs 19,606.93 crore in the latest second quarter ending September. It was Rs 16,294.42 crore a year earlier. The company said its results "for the three months and six months ended September 30, 2025 are not comparable with the previous corresponding period" due to acquisition of south-based India Cements Ltd, Wonder WallCare and Ras Al Khaimah, UAE-based RAKWCT. Moreover, the scheme for merger of cement business of Kesoram Industries with UltraTech and their respective shareholders and creditors was also effective from March 1, 2025. UltraTech's total income, which includes other income as well, was at Rs 19,781.07 crore in the September quarter. In th

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Elara Capital cautions that the near-term pricing environment remains weak, with operating leverage and higher costs likely to weigh on profitability in Q2FY26 and potentially spill over into Q3FY26.

Texmaco Rail & Engineering Ltd on Friday said it has secured an order worth Rs 86.85 crore from UltraTech Cement Ltd for the supply of specialised freight wagons and brake vans. The Adventz Group's flagship company said these wagons will serve UltraTech's Maihar and Sarlanagar plants in Madhya Pradesh. The brake vans will feature solar-powered systems to enhance energy efficiency. "This repeat order is an endorsement of Texmaco's engineering capabilities and our commitment to sustainable logistics," Managing Director Sudipta Mukherjee said. Texmaco also announced leadership continuity with the reappointment of Indrajit Mookerjee as executive director and vice chairman for one year from April 2026, and Mukherjee's extension as managing director for five years from June 2026, subject to shareholder approval. The Kolkata-headquartered firm said its strong order pipeline across cement, steel, coal and infrastructure sectors positions it to benefit from India's rail and infrastructure

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GST Council has approved a reduction in rates on cement from 28 per cent to 18 per cent, effective September 22, 2025