UltraTech Cement announce Q1 results

Financials

Consolidated Net Sales stood at Rs. 21 040 crores vis-à-vis Rs. 18,626 crores over the corresponding period of the previous year. Profit before interest, depreciation and tax was Rs. 4591 crores, up 44% from last year. Profit after tax has jumped 49% to Rs. 2226 crores.

Operations

UltraTech Cement’s consolidated sales volumes reached 36.83 million t for the quarter, growing 9.7% with the acquisitions of The India Cements Limited and the cement business of Kesoram Industries Limited. Energy costs were lower by 12% yoy, mainly on account of reduced fuel prices. Raw material costs marginally rose by 2%.

India Cements turnaround:

India Cements, with a capacity of 14.45 mtpa, has become a subsidiary of UltraTech, effective 25th December, 2024. India Cements has successfully turned around the performance of these assets. Comprehensive efforts on multiple fronts have enabled India Cements generate an EBIDTA of Rs. 92 crores, compared to loss of Rs. 9 crores last year.

Through debottlenecking, an additional capacity of 0.3 mtpa has been released from the India Cements assets in the lucrative northern region. Furthermore, a capex plan is being made for investments over the next two years for improvement in all areas of operations to bring these assets at par with UltraTech standards.

UltraTech has once again showcased its prowess in revitalising cement assets, overcoming various challenges and setting new benchmarks in the industry.

Sustainability

UltraTech has been ranked 9th in the Global Sectoral Ranking of the S&P Dow Jones Sustainability World Index for 2024, making it the highest-ranked Indian cement company on the list. This marks the fourth consecutive year UltraTech has been placed in the top 10 in the Construction Material sector.

Commitment to reduce carbon emissions is one of UltraTech’s core beliefs. In line with its continuing endeavour towards enhancing environment conservation measures, UltraTech commenced 12 MW of WHRS capacity during the quarter. With this, Ultratech’s total WHRS capacity stands augmented to 363 MW. The share of green power in the Ultratech’s power mix is 39.5%.

Capital expenditure

UltraTech’s expansion programme is progressing as scheduled, with Ultratech continuously enhancing its production capabilities to meet the growing demand for cement.

As part of its capacity expansion efforts, UltraTech has during the quarter, successfully identified and executed several debottlenecking and efficiency enhancement opportunities at various locations.

UltraTech has increased its grey cement capacity by 3.5 mtpa in Q1 FY26, bringing its total capacity to 192.26 mtpa. UltraTech remains committed to contributing to the country's economic development.

Read the article online at: https://www.worldcement.com/indian-subcontinent/23072025/ultratech-cement-announce-q1-results/