UltraTech Cement's consolidated net profit for the quarter ending June 30, 2026, increased by 16.8% year-on-year, reaching 2,599.28 crore rupees. Meanwhile, operating revenue grew by 15.9% to 24,648.20 crore rupees.
UltraTech Cement's consolidated net profit for the quarter ending June 30, 2026, increased by 16.8% year-on-year, reaching 2,599.28 crore rupees. Meanwhile, operating revenue grew by 15.9% to 24,648.20 crore rupees.
The cement manufacturer reported that in the corresponding quarter of the previous fiscal year, net profit was 2,225.90 crore rupees, and operating revenue was 21,275.45 crore rupees.
UltraTech's total income grew by 15.5% compared to the previous year, reaching 24,778.47 crore rupees from 21,455.68 crore rupees. According to the company's press release, consolidated net sales increased by 16.3%, rising to 24,465 crore rupees from 21,040 crore rupees. Profit Before Interest, Depreciation, and Taxes (PBIDT) increased by 12.1% to 5,146 crore rupees compared to 4,591 crore rupees.
Profit before extraordinary items, share of profit or loss from associates and joint ventures, and taxes increased by 14.5%, amounting to 3,492.28 crore rupees versus 3,050.49 crore rupees. Earnings per basic share rose to 88.36 rupees from 75.67 rupees, corresponding to an increase of 16.8%.
Total expenses increased by 15.7% compared to the quarter a year ago, reaching 21,286.19 crore rupees from 18,405.19 crore rupees. Electricity and fuel costs rose to 5,418.65 crore rupees from 4,861.90 crore rupees, while freight and delivery expenses increased to 5,210.61 crore rupees from 4,648.97 crore rupees. The cost of consumed materials rose to 4,129.36 crore rupees from 3,432.71 crore rupees, and other expenses amounted to 3,193.09 crore rupees compared to 2,562.96 crore rupees.
During the quarter, the company recorded exceptional losses of 13.25 crore rupees, which is less than 38.38 crore rupees in the same period. The share of profit from associates and joint ventures was 1.40 crore rupees, whereas last year there was a loss of 4.31 crore rupees.
Domestic sales volume reached 39.2 million tonnes, which is 13.1% more than in the corresponding quarter of the previous year. Capacity utilization ratio was 81% against a installed domestic capacity of 200.1 million tonnes per annum. Operating profit before interest, taxes, depreciation, and amortization per tonne increased by 1.3% to 1,214 rupees from 1,198 rupees.
UltraTech reported that its domestic capacity for producing grey cement exceeded 200.1 million tonnes per annum in April 2026, and its global capacity, including international operations, reached 205.5 million tonnes per annum. The company attributed the quarterly results to market execution efficiency, operational efficiency, and integration of acquired assets.
It was noted that India Cements recorded a normalized profit after tax of 52 crore rupees for the quarter, compared to a net loss of 183 crore rupees in the first quarter of 2024-25. India Cements' sales volume grew by 18.5% over the same period.
During the quarter, UltraTech commissioned 20 megawatts of waste heat recovery capacity, bringing the total installed capacity of such systems to 434 megawatts. Combined with 1.4 gigawatts of renewable energy capacity, this raised the company's green energy share to 47% by the end of the quarter.
JK Cement Ltd announced on Saturday a 15.3% decline in consolidated net profit during the June quarter. The profit amounted to 274.62 crore rupees.
According to the regulatory filings of JK Cement Ltd (JKCL), in the same period last year, the company earned a profit of 324.25 crore rupees. For the June quarter, operating revenue increased by 20.25%, reaching 4,031.72 crore rupees compared to 3,352.53 crore rupees the previous year.
JKCL's total expenses for the June quarter were 3,664.82 crore rupees, showing an increase of 25.5%. JKCL's total income, which includes other receipts, reached 4,070.97 crore rupees, marking a growth of 19.41% in the first quarter of the 2027 fiscal year.
LTM, formerly known as LTI Mindtree, has released its report on the first quarter of the financial year 2027. During this period, the company's net profit increased by 17%, reaching ₹1,468 crore, while revenue grew by 18% to ₹11,608 crore.
In dollar terms, the company's revenue for the period ending June 30 was $1.22 billion, demonstrating a 6.1% growth. Furthermore, growth in constant currency reached 6.4%. In a statement, the company emphasized that the first quarter results reflect progress in implementing its artificial intelligence (AI) focused strategy.
Venu Lambo, CEO and Managing Director, noted that the company's transition to an AI focus is yielding tangible results for clients, which is evident in the quality and scale of contracts being secured. Thanks to a strong order book and a healthy pipeline across various industry segments, management expressed confidence in continued growth momentum throughout the year.
Almost all verticals, except for financial services, showed positive momentum. The consumer, technology, and manufacturing verticals grew by 18.2%, 10%, and 5.3%, respectively. Financial services, conversely, recorded a negative growth of 2.5% in constant currency. Lambo added that the company's revenue from AI in the creative, business, and industrial sectors amounted to approximately $150 million based on the quarterly run rate.
The EBITDA margin also improved by 120 basis points, reaching 15.5%. The employee attrition rate remained unchanged at 13.3%, and the total number of employees slightly decreased by 64 people to 87,886. It was noted that IT companies had slowed down hiring for some time due to the unstable macroeconomic environment; however, TCS began the new fiscal year with a positive outlook on recruitment.
