UltraTech Cement's Q2 net profit rose 21% YoY to Rs 1,494 crore with revenue up 19%.
Context
What happened: UltraTech Cement reported Q2 FY27 consolidated net profit of Rs 1,494 crore, up 21% YoY, with revenue from operations up 19% YoY. Shares traded 2% lower at Rs 10,690 after the results.
Key numbers: Net profit Rs 1,494 crore, up 21% YoY but down about 43% QoQ from Rs 2,599 crore. Revenue Rs 23,295 crore, up 19% YoY from Rs 19,607 crore.
Why it matters: The company said it performed well despite headwinds from a monsoon-affected quarter and the ongoing West Asia crisis. It also launched its UltraVolt wires and cables business, with a facility commissioned at Jhagadia, Gujarat.
What changed
UltraTech Cement reported Q2 FY27 consolidated net profit of Rs 1,494 crore, up 21% YoY, with revenue from operations up 19% YoY. Shares traded 2% lower at Rs 10,690 after the results.
Why it matters
The company said it performed well despite headwinds from a monsoon-affected quarter and the ongoing West Asia crisis. It also launched its UltraVolt wires and cables business, with a facility commissioned at Jhagadia, Gujarat.