{"id":177606,"date":"2026-01-24T15:30:00","date_gmt":"2026-01-24T20:30:00","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=177606"},"modified":"2026-01-26T22:51:09","modified_gmt":"2026-01-27T03:51:09","slug":"ultratech-cement-reports-23-revenue-growth-in-q3-fy26-as-capacity-reaches-194-mtpa","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/ultratech-cement-reports-23-revenue-growth-in-q3-fy26-as-capacity-reaches-194-mtpa\/","title":{"rendered":"UltraTech Cement Reports 23% Revenue Growth in Q3 FY26 as Capacity Reaches 194 MTPA"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Growth Accelerates with Scale Advantage<\/h2>\n\n\n\n<p>Aditya Birla Group&#8217;s flagship cement producer recorded consolidated net sales of \u20b921,506 crore and improved operating margins. Strategic acquisitions and internal expansions have positioned the company as the world&#8217;s second-largest cement manufacturer by capacity.<\/p>\n\n\n\n<p>For the quarter ended December 31, 2025, the company reported a 23% year-over-year increase in consolidated net sales to \u20b921,506 crore. Normalized profit after tax for the period rose to \u20b91,792 crore, compared to \u20b91,359 crore in the previous year. For the first nine months of fiscal 2026, the company achieved total income of \u20b963,202 crore, up from restated figures of \u20b953,533 crore for the same period in the prior fiscal year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Strong Volumes Amid Integration Progress<\/h2>\n\n\n\n<p>Financial results for the period were impacted by the implementation of the new national Labor Code on November 21, 2025, resulting in an exceptional expense of \u20b988 crore for gratuity and leave encashment obligations. The company&#8217;s financial statements have been restated effective April 1, 2024, to account for the merger of the cement business division of Kesoram Industries. Furthermore, the company continues to integrate India Cements Limited, which became a subsidiary in December 2024 and achieved sales volumes of 2.59 million metric tons during the quarter.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Earnings Growth with Healthy Leverage<\/h2>\n\n\n\n<p>Profit before interest, depreciation, and tax rose to \u20b94,051 crore from \u20b93,142 crore in the corresponding quarter of the previous year. Operating EBITDA per ton for the UltraTech brand improved to \u20b91,051, up from \u20b9911 a year earlier. Overall capacity utilization reached 77%, an increase from 72% in the prior year&#8217;s third quarter. The company reported a net debt-to-EBITDA ratio of 1.08x and deployed \u20b92,357 crore in capital expenditure during the quarter.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Capacity Expansion Gathers Momentum<\/h2>\n\n\n\n<p>Management continues a rapid expansion program, commissioning 1.8 MTPA of new capacity in Maharashtra and Rajasthan during the quarter. Domestic grey cement capacity now stands at 188.66 MTPA, contributing to a global total of 194.06 MTPA. The company has initiated a subsequent phase to add 22.8 MTPA of capacity through greenfield and brownfield projects to reach a target of 240.76 MTPA. Additionally, the company remains on track to launch its cables and wires business in the third quarter of fiscal 2027. Sustainability initiatives saw the green power mix reach 42.1%, supported by a total waste heat recovery system capacity of 383 MW.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Infrastructure-Led Growth Outlook<\/h2>\n\n\n\n<p>The company&#8217;s growth aligns with a projected 7.4% GDP growth for fiscal 2026 and a 100-basis-point reduction in interest rates since February 2025. Domestic demand was driven by significant infrastructure projects, including the Mumbai-Delhi Expressway and various metro rail developments. While regional performance in the West was intermittently affected by monsoon patterns, the housing and commercial sectors maintained growth across most Indian markets<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Growth Accelerates with Scale Advantage Aditya Birla Group&#8217;s flagship cement producer recorded consolidated net sales of \u20b921,506 crore and improved operating margins. Strategic acquisitions and internal expansions have positioned the company as the world&#8217;s second-largest cement manufacturer by capacity. For the quarter ended December 31, 2025, the company reported a 23% year-over-year increase in consolidated [&hellip;]<\/p>\n","protected":false},"author":2382,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1941,392],"tags":[8890,8220,9713,9714,10169,9175,14492,10089],"class_list":["post-177606","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-analysis","category-earnings","tag-basic-materials","tag-building-materials","tag-cement","tag-cement-producer","tag-earnings","tag-earnings-call","tag-financial-results","tag-quarterly-earnings"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":171526,"url":"https:\/\/alphastreet.com\/india\/nuvoco-vista-q2-fy26-earnings-results\/","url_meta":{"origin":177606,"position":0},"title":"Nuvoco Vista Q2 FY26 Earnings Results","author":"Chirag Gupta","date":"October 15, 2025","format":false,"excerpt":"Nuvoco Vista Corporation Ltd (NVCL), is one of the largest cement companies and concrete manufacturers in India with a consolidated capacity of 25 MMTPA. It offers a diversified range of products such as cement, Ready-mix Concrete (RMX), and modern building materials i.e. adhesives, wall putty, dry plaster, cover blocks, and\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Nuvoco Vistas Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Nuvoco-Vistas-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Nuvoco-Vistas-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Nuvoco-Vistas-Q2-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Nuvoco-Vistas-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Nuvoco-Vistas-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Nuvoco-Vistas-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":134832,"url":"https:\/\/alphastreet.com\/india\/shree-cement-limited-q2fy23-consolidated-net-profit-down-by-67\/","url_meta":{"origin":177606,"position":1},"title":"Shree Cement Limited Q2FY23; Consolidated Net Profit Down By 67%","author":"Hardik Bhandare","date":"October 18, 2022","format":false,"excerpt":"Shree Cement Limited (NSE: SHREECEM) reported Revenue from Operations for Q2 FY23 of \u20b94,038.03 Crore up from \u20b93,373.38 Crore year on year, a growth of 20%. 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Total expenses\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/AM.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/AM.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/AM.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/AM.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/AM.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/AM.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":177685,"url":"https:\/\/alphastreet.com\/india\/ultratech-cement-q3-profit-beats-estimates-on-robust-infrastructure-demand\/","url_meta":{"origin":177606,"position":3},"title":"UltraTech Cement Q3 profit beats estimates on robust infrastructure demand","author":"Staff Correspondent","date":"January 24, 2026","format":false,"excerpt":"UltraTech Cement Ltd (NSE: ULTRACEMCO) reported a 27% increase in consolidated net profit for the December quarter, surpassing analyst expectations as government-led infrastructure projects fueled higher sales volumes. 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It is the 3rd largest cement producer in India with an installed capacity of 46.4 MTPA. \u00a0 Q2 FY26 Earnings Results Revenue from Operations:\u00a0\u20b94,761.07 crore,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Shree Cement Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Shree-Cement-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Shree-Cement-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Shree-Cement-Q2-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Shree-Cement-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Shree-Cement-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Shree-Cement-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142742,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-india-cements-limited-for-q3-fy23\/","url_meta":{"origin":177606,"position":5},"title":"Earnings Summary Of India Cements Limited For Q3 FY23","author":"Hardik Bhandare","date":"February 24, 2023","format":false,"excerpt":"India Cements Limited (NSE: INDIACEM) is one of the leading cement manufacturers in India. The company was founded in 1946 and is headquartered in Chennai, Tamil Nadu. India Cements has a strong presence in southern and eastern India, with a total production capacity of 15.5 million tonnes per annum. The\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2382"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=177606"}],"version-history":[{"count":3,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177606\/revisions"}],"predecessor-version":[{"id":177613,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177606\/revisions\/177613"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=177606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=177606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=177606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}