UltraTech Cement, an Aditya Birla Group company, has reported that its net profit in the March quarter was up 20 per cent at ₹2,983 crore against ₹2,482 crore logged in the same period last year, largely due to higher sales volume. Revenue was up 12 per cent to ₹25,799 crore (₹23,063 crore).

The company has recommended a special dividend of ₹240 per share leading to an outgo of ₹7,072 crore. The special dividend was attributed to achieving key milestones in the company’s history, said UltraTech Cement in a statement.

Sales volume increased 9 per cent to 42 million tonne (mt) with capacity utilisation hitting 89 per cent during the quarter. EBITDA was up 20 per cent to ₹5,688 crore (₹4,721 crore). Sales realisation was flat at ₹5,034 a tonne (₹5,032).

Logistics and fuel cost were down marginally at ₹1,154 a tonne and ₹874 a tonne, while power cost dipped 9 per cent to ₹325. However, raw material cost increased 6 per cent at ₹658 a tonne.

Despite the tight cost control, the company said the geopolitical conflict in West Asia exerted upward pressure on fuel prices, packaging materials, diesel and ocean freight though the company minimised the impact by diversifying sourcing of these materials.

FY26 performance

In FY26, the company recorded a net profit of ₹8,166 crore (₹6,039 crore) and revenue was up at ₹88,511 crore (₹75,955 crore).

During the full year, the company commissioned a formidable 371 MW of renewable power and 63 MW of Waste Heat Recovery System (WHRS). UltraTech’s total installed green power capacity now stands at an impressive 1,806 MW — comprising 1,392 MW of renewable power and 414 MW of WHRS — with about 41 per cent of the company’s total power requirements now sourced from green energy for FY26.

UltraTech increased cement capacity by 2.7 mt to 196.8 mtpa in FY26 and will add another 16 mtpa by FY27. It will further increase capacity by 30 mtpa by FY28.

The company has invested ₹764 crore of the planned ₹1,800 investment in the planned wires and cable manufacturing venture. The machine installation at the new facility is complete and has received all the regulatory approvals with commissioning slated for Q3FY27.

Published on April 27, 2026