India: UltraTech Cement’s sales revenue rose by 17% year-on-year to US$5.05bn in the first half of its 2027 financial year from US$4.30bn a year earlier. Net profit increased by 19% to US$432m from US$364m. However, expenses – particular energy and logistics costs – grew by 17% to US$4.49bn from US$3.85bn. Sales volumes of cement grew by 14% year-on-year to 35.9Mt in the quarter to 30 September 2026 from 31.6Mt previously. The company attributed its growth to higher sales volumes and improved profitability.
During the quarter it commissioned 3.6Mt/yr integrated capacity at Petnikota in Andhra Pradesh, and added 1Mt/yr through debottlenecking at its existing cement plants at Visakhapatnam, Patratu and Nathdwara. The company has a cement production capacity of just under 205Mt/yr, including 5.4Mt/yr outside of India. It is aiming to surpass 240Mt/yr by March 2028.
