# UltraTech Cement Reports 21% Rise in September Quarter Profit on Higher Volumes

- URL: https://stocks.freetheai.org/news/ultratech-cement-reports-21-rise-in-september-quarter-profit-on-higher-volumes-e4a9da
- Published: 2026-10-20T04:12:20Z
- Category: earnings; sentiment: mixed; impact: medium
- Symbols: [NSE:ULTRACEMCO](https://stocks.freetheai.org/symbols/NSE-ULTRACEMCO)
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UltraTech Cement Limited (NSE:ULTRACEMCO) reported a 21% year-on-year increase in consolidated net profit to 1,501 crore rupees for the September quarter. Consolidated sales grew nearly 19% to 23,295 crore rupees, supported by a near 14% growth in domestic grey cement volumes to 35.94 million tonnes. Earnings before interest, depreciation, and tax rose more than 17% to 3,832 crore rupees.

The July-to-September period is typically the weakest stretch for cement manufacturers because heavy rains slow down building activity and depress prices. However, a lighter monsoon season this year allowed construction projects to proceed, preventing the usual seasonal price drop. The sustained demand helped offset higher fuel expenses triggered by renewed conflict in West Asia.

Cement prices began recovering in September and continued rising into October, though upcoming festive holidays may slow how quickly customers absorb higher rates. Management expects the full financial benefits of these price increases to show in third-quarter results. Going forward, the company plans to leverage expanding production capacity and operating efficiencies to manage ongoing cost pressures as broader economic demand grows.

## Key points

- Consolidated net profit grew 21% year-on-year to 1,501 crore rupees for the September quarter.
- Consolidated sales increased nearly 19% year-on-year to 23,295 crore rupees.
- Domestic grey cement volume rose nearly 14% to 35.94 million tonnes.
- Lighter monsoon rainfall allowed construction activity to continue, helping stabilize cement prices.
- Price increases initiated in September and October are expected to benefit third-quarter earnings.

## Questions and answers

### What were UltraTech Cement's Q2 financial results?

UltraTech Cement reported a 21% year-on-year increase in consolidated net profit to 1,501 crore rupees for the September quarter. Consolidated sales grew nearly 19% to 23,295 crore rupees, while grey cement volumes increased nearly 14% to 35.94 million tonnes.

### Why did UltraTech Cement's profit rise in the September quarter?

A weaker monsoon kept construction activity active during July and August, preventing the typical seasonal drop in cement prices. This steady demand helped offset increased fuel expenses caused by conflict in West Asia.

### What is the outlook for UltraTech Cement's third-quarter earnings?

Cement prices increased in September and October, and management expects the full financial benefits of these price gains to reflect in third-quarter earnings as economic demand grows.

