# UltraTech Cement operational and financial developments

> Developing situation record from CLSTR: https://clstr.news/situations/ultratech-cement-operational-and-financial-developments
> Updated: 2026-10-19T08:38:28.000Z. Sources: 4. Developments: 2.

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.

## Timeline

### 2026-10-19: 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 sources. https://clstr.news/cluster/ultratech-cement-reports-21-profit-jump-in-september-quarter

### 2026-10-05: 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.

2 sources. https://clstr.news/cluster/ultratech-cement-surpasses-2-gw-green-energy-milestone-in-india

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Cite as: UltraTech Cement operational and financial developments. CLSTR, https://clstr.news/situations/ultratech-cement-operational-and-financial-developments