India: UltraTech Cement’s profit after tax for the third quarter of the 2025 financial year declined by 17% year-on-year to US$166m, compared to US$199m in the third quarter of the 2024 financial year. Net sales rose slightly, by 1.4%, to US$1.87bn from US$1.84bn in the previous corresponding period.
The company projected a future growth in volume of 7-8%, due to its focus on infrastructure and housing projects, as well as increased demand. It said that its capacity expansion program remains on track, with 1.8Mt/yr added during the quarter. Including its acquisition of The India Cements, UltraTech’s total cement capacity has reached 171Mt/yr. It expects to reach 200Mt/yr capacity by the end of the 2027 financial year.