UltraTech Cement

ULTRACEMCO · NSE · INR

₹10,710.00−2.25%−₹246.00

Close · October 1, 2026

At a glance

Revenue growth: +16.53%; FY to Mar 2026 vs FY to Mar 2025
Net income growth: +35.21%; FY to Mar 2026 vs FY to Mar 2025
Net margin: 9.2%; FY to Mar 2025: 8.0%

Financial data

Amounts in millions of INR; per-share values in INR; shares in millions.

Income statement · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total revenue	246,482	257,995	218,297	196,069	212,755	250,575	171,933	156,347	180,696	204,189	167,400	160,121
Cost of revenue	101,228	104,921	92,774	83,351	86,809	103,747	72,764	67,542	77,177	86,482	68,334	68,795
Gross profit	145,255	153,074	125,523	112,718	125,945	146,829	99,170	88,805	103,519	117,708	99,066	91,326
Selling, general and administrative	63,169	68,107	57,991	51,915	56,212	70,756	46,612	44,974	49,195	54,586	43,898	43,241
Operating income	38,149	43,922	27,333	19,467	33,036	32,610	19,704	11,144	21,967	32,990	24,711	17,531
EBIT	38,149	43,922	27,333	19,467	33,036	32,610	19,704	11,144	21,967	32,990	24,711	17,531
EBITDA	49,761	54,860	36,830	30,739	42,532	42,106	27,088	19,876	29,831	40,375	31,437	25,265
Interest expense	4,529	4,263	4,922	4,593	4,333	6,714	3,819	3,171	2,556	2,529	2,622	2,339
Pre-tax income	34,804	39,805	22,830	16,558	30,078	25,377	18,315	10,166	21,423	31,105	23,552	16,897
Income tax	8,767	9,805	5,536	4,179	7,869	4,920	3,580	1,914	4,471	8,519	5,804	4,094
Net income	25,993	29,828	17,254	12,316	22,259	20,530	14,695	8,200	16,966	22,581	17,770	12,815
Net income to common shareholders	25,993	29,828	17,254	12,316	22,259	20,530	14,695	8,200	16,966	22,581	17,770	12,815
Basic EPS	88.36	101.41	58.66	41.87	75.67	69.79	50.99	28.45	58.87	78.35	61.66	44.46
Diluted EPS	88.31	101.35	58.62	41.84	75.61	69.73	50.94	28.43	58.82	78.29	61.61	44.43
Average shares (basic)	294	294	294	294	294	294	288	288	288	288	288	288
Average shares (diluted)	294	294	294	294	294	294	288	288	288	288	288	288
Dividend per share	—	—	—	—	—	77.50	—	—	—	70.00	—	—