Combined revenue share of UltraTech, Ambuja at 51.2% in FY26
UltraTech Cement's consolidated net profit attributable to owners of the parent rose 21.3 per cent year-on-year to ₹1,493.77 crore in the quarter ended September 30, 2026, from ₹1,231.58 crore.
Net sales rose 18.9 per cent to ₹23,024 crore and domestic grey-cement volumes grew 13.8%, while PBIDT increased 17.3% to ₹3,832 crore on year in Q2FY27
UltraTech Cement on Monday reported a 21.3% surge in Q2 consolidated net profit, backed by 18.8% growth in revenue from operations.
Q2FY27 company results: Firms including Bajaj Finance, Union Bank of India, Indian Renewable Energy Development Agency (Ireda), HFCL, and Sobha are also to release their July-September earnings today
Cement demand is likely to improve, but higher fuel, packaging and logistics costs could weigh on margins and delay earnings upgrades until the fourth quarter of FY27
Stock market crash: Analysts flag October rate hike fears, low liquidity, high oil prices, persistent FIIs selling and a long-weekend as some of the key reasons for the market fall on Thursday.
Cement capacity additions are expected to outpace demand growth in FY27 and FY28, potentially lowering utilisation and putting pressure on prices in some regions
Mayank Jain of Share.Market by PhonePe flags key support and resistance levels for wires & cables stocks - Polycab, Havells India and KEI amid market correction post UltraTech's 'Ultravolt' launch.
UltraTech Cement, Dalmia Bharat, JK Cement and India Cements were down between 1 per cent and 3 per cent in Friday's intra-day deals.
When a stock becomes oversold, it does not automatically mean it is a good time to buy, cautions Pabitro Mukherjee, Deputy Vice President-Research at Bajaj Broking.
Brokerages believe the positioning appears more aggressive than initially envisaged, also tallying with Grasim's rollout in paints, and could add materially to UltraTech's FY30 revenue.
Nuvama said UltraTech's scale ambition could intensify industry competition and its aggressive posturing on capacity, portfolio, and distribution could drive an interim de-rating for C&W industry
Aditya Birla Group forayed into the wires and cables market with an investment of ₹1,800 crore. The new business will operate through its cement arm UltraTech Cement, under the Ultravolt brand.
At 12:07 PM on Wednesday, the Nifty Cement index was up 1.3 per cent at 15,057.10, compared to a 0.24 per cent decline in the NSE benchmark Nifty 50.
Pilani Investment sold a 0.85 per cent stake in UltraTech Cement for Rs 2,896.3 crore, while Thyrocare promoter Docon Technologies sold a 9.9 per cent stake.
According to reports, Pilani Investment and Industries Corporation one of the promoters planned to sell a stake via block deal in UltraTech Cement on Thursday.
While several firms have responded with calibrated price increases to protect margins, many signalled that further price escalations could follow
Leading cement makers recorded 7-8 per cent volume growth in Q1FY27, but higher fuel, packaging and other input costs offset price gains and weighed on profitability
It is targeting ₹1,500 crore each in the shorter two tranches at annual coupons of 7.22 per cent and 7.23 per cent, respectively, and ₹2,000 crore in the five-year tranche at 7.25 per cent