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2 clusters · 4 sources · 14 days · First seen · Last updated

UltraTech Cement operational and financial developments

Overview

UltraTech Cement has achieved significant operational and financial milestones in late 2026.

In early October, the company reached a green energy milestone, becoming the first Indian cement firm to exceed 2 GW of installed renewable capacity for captive use. This total includes 1,580 MW of renewable energy and 444 MW from Waste Heat Recovery Systems, meeting approximately 48% of the company’s power requirements. Managing Director K C Jhanwar stated the transition helps mitigate “fossil fuel supply constraints and power price volatility.”

By mid-October, financial reports for the September quarter showed a 21.3% increase in net profit to 1,493.77 crore rupees. This growth was supported by an 18.9% rise in net sales and a 13.8% increase in grey cement sales. However, profit margins saw a slight decrease from 16.9% to 16.6% as expenses for power, fuel, and raw materials rose.

Entities

UltraTech Cement · K C Jhanwar · Sarlanagar Cement Works · Securities and Exchange Board of India · Deloitte Haskins & Sells LLP

Timeline

  1. [BUSINESS] 2 sources
    UltraTech Cement reports 21% profit jump in September quarter

    UltraTech Cement reported a 21.3% increase in quarterly net profit to 1,493.77 crore rupees, driven by higher cement sales despite rising fuel and raw material costs.

  2. [BUSINESS] 2 sources
    UltraTech Cement surpasses 2 GW green energy milestone in India

    UltraTech Cement has reached a milestone as India’s first cement company to exceed 2 GW of green energy capacity, meeting nearly 48% of its power needs through renewables and waste heat recovery.

Sources

epcworld.in · hindi.business-standard.com · taxguru.in · udaipurkiran.com