The Composite Scheme of Arrangement between Kesoram Industries Limited (“Kesoram”), the Company and their respective shareholders and creditors, was effective from 1st March, 2025. The Appointed Date of the Scheme is 1st April, 2024. Consequently, the Company has restated its financial results with effect from 1st April, 2024.

Mumbai, 24th January, 2026: UltraTech Cement Limited, an Aditya Birla Group company today announced its financial results for the quarter ended 31st December, 2025.

FINANCIALS

Consolidated Net Sales was Rs.21,506 crores vis-à-vis Rs. 17,555 crores over the corresponding period of the previous year, registering a growth of 23%. Profit before interest, depreciation and tax was Rs. 4,051 crores compared to Rs. 3,142 crores. Normalised Profit after tax was Rs. 1,792 crores compared to Rs. 1,359 crores.

Pursuant to the implementation of the new Labour Code in the country with effect from 21st November, 2025, the Company has recognised Rs. 88 crores as an exceptional expense towards additional Gratuity and Leave Encashment obligations. PAT after this one-time cost stands at Rs. 1,725 crores.

OPERATIONS

UltraTech continues to deliver strong performance quarter after quarter. Overall capacity utilisation stood at 77% for the quarter, compared to 72% during the same period last year.

UltraTech achieved a growth of 29.4% in domestic grey cement markets, excluding the sales volumes of India Cements and Kesoram from the corresponding previous period, as these entities were not part of the Company for the entire period. “UltraTech” as a Cement brand has grown 22.3% with the rapid improvement of quality of product from these acquired assets and integration of its marketing and logistics.

Operating EBITDA per ton improved to Rs. 1,051 excluding India Cements, improving from Rs. 911/mt over the previous year.

India Cements is on its recovery path with sales volumes of 2.59 ml mt, a growth of 25% over last year. With improvement in the efficiency and productivity, completion of capex plans and brand transition to UltraTech, the company will start generating targeted profitability in line with the holding company.

CAPACITY EXPANSION

UltraTech’s capacity expansion programme continues at a strong pace.

During the quarter, UltraTech commissioned 0.6 mtpa of cement capacity at its grinding unit at Dhule Cement Works, Maharashtra and 1.2 mtpa at the integrated unit at Nathdwara Cement Works, Rajasthan.

With these additions, UltraTech’s domestic grey cement capacity stands at 188.66 mtpa. Along with 5.4 mtpa cement capacity in the UAE, the Company’s global capacity now has reached 194.06 mtpa.

UltraTech ranks as the second largest cement company globally by capacity and the largest by sales volumes, (ex of China). During the quarter, the Company spent Rs. 2,357 crores on its ongoing capex program and has reduced its net debt ebitda of 1.08 x reflecting its strength in the operating cash flows.

UltraTech along with its subsidiary, India Cements Limited, has initiated the next phase of its expansion, to add 22.8 mtpa of capacity, through a mix of brownfield and greenfield projects and work is progressing as scheduled. Post completion of this phase of expansion, the Company will reach a capacity of 240.76 mtpa.

The Cables and Wires business is on track, with critical orders placed, civil work on the project site in progress and team is getting on board. The Company is confident of meeting the committed launch timelines of Q3 FY27.

SUSTAINABILITY

In line with its stated commitment towards enhancing environment conservation measures, UltraTech commenced 14 MW of WHRS capacity during the quarter. With this, the Company’s total WHRS capacity stands augmented to 383 MW. The share of green power in the Company’s power mix is 42.1% for the quarter.