{"id":177685,"date":"2026-01-24T17:30:00","date_gmt":"2026-01-24T22:30:00","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=177685"},"modified":"2026-01-26T22:49:42","modified_gmt":"2026-01-27T03:49:42","slug":"ultratech-cement-q3-profit-beats-estimates-on-robust-infrastructure-demand","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/ultratech-cement-q3-profit-beats-estimates-on-robust-infrastructure-demand\/","title":{"rendered":"UltraTech Cement Q3 profit beats estimates on robust infrastructure demand"},"content":{"rendered":"\n<p>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.<\/p>\n\n\n\n<p>The Aditya Birla Group\u2019s cement flagship posted a net profit of \u20b91,725.40 crore for the third quarter ended Dec. 31, compared with \u20b91,363 crore in the same period last year. The result beat the Bloomberg consensus estimate of \u20b91,526 crore based on a poll of 21 analysts.<\/p>\n\n\n\n<p>Revenue from operations rose 23% to \u20b921,829.68 crore, up from \u20b917,778.83 crore a year ago. Growth was supported by higher sales volumes and contributions from acquired businesses. Consolidated sales volumes reached 38.87 million tonnes per annum (MTPA), representing a 15% increase from the previous quarter.<\/p>\n\n\n\n<p>Earnings before interest, tax, depreciation, and amortization (EBITDA) stood at \u20b94,051 crore, a 29% increase year-on-year. The company\u2019s overall capacity utilization improved to 77%, up from 72% in the prior-year period. For the current quarter, management expects utilization to exceed 90%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Snapshot<\/h2>\n\n\n\n<p>For the nine-month period ended December 2025, UltraTech reported consolidated revenue of \u20b962,712.1 crore, an 18.6% increase over the previous year. Net profit for the nine-month period surged 45.5% to \u20b95,188.3 crore, driven by successful integration strategies and strong demand tailwinds.<\/p>\n\n\n\n<p>Earnings per share (EPS) rose to \u20b958.66 in the third quarter, up from \u20b946.21 in the same quarter last year. The company reduced its net debt\/EBITDA ratio to 1.08x while spending \u20b92,357 crore on its ongoing capital expenditure program during the quarter.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Demand Resilience<\/h2>\n\n\n\n<p>Management noted that while demand remains robust due to a &#8220;multi-year project pipeline&#8221; in roads, railways, and housing, the industry faces cost escalations. Higher expenses for power, fuel, pet coke, and coal, alongside freight costs and rupee depreciation, continue to weigh on margins.<\/p>\n\n\n\n<p>UltraTech recognized a one-time exceptional charge of \u20b988.48 crore during the quarter related to the implementation of new labor codes, which impacted provisions for gratuity and compensated absences.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Expansion Trajectory<\/h2>\n\n\n\n<p>UltraTech\u2019s domestic grey cement capacity currently stands at 188.66 MTPA, with a total global capacity of 194.06 MTPA. The company aims to reach 240.76 MTPA by fiscal year 2028.<\/p>\n\n\n\n<p>Subsidiary India Cements reported a narrowed loss of 57.2 million rupees for the quarter, aided by a 25% jump in sales volumes as UltraTech ramps up capacity.<\/p>\n\n\n\n<p>Specific analyst upgrades, downgrades, or price-target changes occurring today were not mentioned in the sources, though the company&#8217;s profit significantly exceeded earlier Bloomberg consensus estimates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. The Aditya Birla Group\u2019s cement flagship posted a net profit of \u20b91,725.40 crore for the third quarter ended Dec. 31, compared with \u20b91,363 crore in the same [&hellip;]<\/p>\n","protected":false},"author":2382,"featured_media":125269,"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":[8890,8220,9713,14526,10464,10169,14492,10089],"class_list":["post-177685","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-industry","tag-construction-materials","tag-earnings","tag-financial-results","tag-quarterly-earnings"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":177606,"url":"https:\/\/alphastreet.com\/india\/ultratech-cement-reports-23-revenue-growth-in-q3-fy26-as-capacity-reaches-194-mtpa\/","url_meta":{"origin":177685,"position":0},"title":"UltraTech Cement Reports 23% Revenue Growth in Q3 FY26 as Capacity Reaches 194 MTPA","author":"Staff Correspondent","date":"January 24, 2026","format":false,"excerpt":"Growth Accelerates with Scale Advantage Aditya Birla Group'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's second-largest cement manufacturer by capacity. For the quarter ended December 31, 2025, the company reported a\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":171620,"url":"https:\/\/alphastreet.com\/india\/ultratech-cement-q2-fy26-earnings-results\/","url_meta":{"origin":177685,"position":1},"title":"UltraTech Cement Q2 FY26 Earnings Results","author":"Chirag Gupta","date":"October 20, 2025","format":false,"excerpt":"UltraTech Cement is engaged in the manufacturing and sale of Cement and Cement related product primarily across globe. Presenting below are its Q2 FY26 earnings results. \u00a0 Q2 FY26 Earnings Results Revenue from Operations:\u00a0\u20b919,606.9 crore, up\u00a020.3% YoY\u00a0from \u20b916,294.4 crore in Q2 FY25 and nearly flat sequentially compared to \u20b921,275 crore\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Ultratech Cement Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Ultratech-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\/Ultratech-Cement-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Ultratech-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\/Ultratech-Cement-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Ultratech-Cement-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Ultratech-Cement-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":144462,"url":"https:\/\/alphastreet.com\/india\/ultratech-cement-q4fy32-results-out-revenues-soars-by-18\/","url_meta":{"origin":177685,"position":2},"title":"Ultratech Cement Q4FY32 results out, revenues soars by 18%","author":"Chirag Gupta","date":"April 28, 2023","format":false,"excerpt":"Ultratech Cement Ltd reported Total revenue for Q4 FY23 of \u20b918,562 Crore, up from \u20b915,767 Crore year on year depicting a growth of 18%. Meanwhile, consolidated Net Profit of \u20b91,670 Crore, down 36% from \u20b92,614 Crore in the same quarter of the previous year.\u00a0The Earnings per Share is \u20b957.75, down\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/4a43f397-11d2-4ce6-911a-fffbab0102f6.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/4a43f397-11d2-4ce6-911a-fffbab0102f6.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/4a43f397-11d2-4ce6-911a-fffbab0102f6.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/4a43f397-11d2-4ce6-911a-fffbab0102f6.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/4a43f397-11d2-4ce6-911a-fffbab0102f6.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/4a43f397-11d2-4ce6-911a-fffbab0102f6.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":139594,"url":"https:\/\/alphastreet.com\/india\/ultratech-cement-net-profit-drops-by-38-in-q3fy23\/","url_meta":{"origin":177685,"position":3},"title":"Ultratech Cement net profit drops by 38% in Q3FY23","author":"Chirag Gupta","date":"January 31, 2023","format":false,"excerpt":"UltraTech Cement today reported 38% on-year drop in its consolidated net profit at INR 1,058.20 crore in the December quarter. Its revenue from operations, however, rose 19.5% YoY to INR 15,520.93 crore. The company's operating margin dropped to 15% in Q3 from 19% in the year-ago period but was up\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/bd684fa3-7ced-4e24-9e39-375b501ce383.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/bd684fa3-7ced-4e24-9e39-375b501ce383.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/bd684fa3-7ced-4e24-9e39-375b501ce383.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/bd684fa3-7ced-4e24-9e39-375b501ce383.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/bd684fa3-7ced-4e24-9e39-375b501ce383.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/bd684fa3-7ced-4e24-9e39-375b501ce383.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149532,"url":"https:\/\/alphastreet.com\/india\/ultratech-cements-q1-2023-earnings-stay-tuned-for-the-live-earnings-call-and-real-time-transcript\/","url_meta":{"origin":177685,"position":4},"title":"UltraTech Cement&#8217;s Q1 2023 Earnings: Stay tuned for the live earnings call and real-time transcript","author":"Chirag Gupta","date":"July 21, 2023","format":false,"excerpt":"Ultratech Cement is expected to report its earnings today. The company is engaged in the manufacturing and sale of Cement and Cement related product primarily in India. Listen to Ultratech Cement's Q1 earnings call live and check real-time transcript In last quarter, the total revenue of the company grew by\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131563,"url":"https:\/\/alphastreet.com\/india\/ultratech-cement-q1-revenue-soars-by-28-while-net-profit-shrinks-by-7\/","url_meta":{"origin":177685,"position":5},"title":"Ultratech Cement Q1 revenue soars by 28% while net profit shrinks by 7%","author":"Chirag Gupta","date":"July 22, 2022","format":false,"excerpt":"UltraTech Cement's consolidated revenue in Q1FY23 rose 28% to \u20b915,163.98 crore as against \u20b911,830 crore reported in Q1FY22. Consolidated net sales came at \u20b915,007 crore as compared to \u20b911,698 crore over the corresponding period of the previous year. Profit before interest, depreciation and tax was at \u20b93,204 crore compared to\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177685","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=177685"}],"version-history":[{"count":3,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177685\/revisions"}],"predecessor-version":[{"id":177757,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177685\/revisions\/177757"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125269"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=177685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=177685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=177685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}