From Financialexpress · FE Business · · 50s
UltraTech Cement Q2 Results: Profit Up 21% Despite Headwinds
UltraTech Cement reports 21% Q2 profit growth amid West Asia crisis and monsoon challenges.
In brief
UltraTech Cement reports 21% Q2 profit growth amid West Asia crisis and monsoon challenges. UltraTech Cement's Q2 FY27 net profit rose 21% to Rs 1,501 crore despite West Asia conflict and monsoon-affected quarter. Originally reported by Financialexpress.
UltraTech Cement Q2 Results
UltraTech Cement reported 21% year-on-year growth in Q2 FY27 net profit to Rs 1,501 crore.
Sales Jump 19% YoY
Net sales rose 19% year-on-year to Rs 23,024 crore, up from Rs 19,371 crore in Q2 FY26.
Monsoon and West Asia Headwinds
The company faced headwinds from a monsoon-affected quarter and the ongoing West Asia crisis.
Non-Executive Vice Chairman Resigns
K. K. Maheshwari resigned as Non-Executive Vice Chairman, succeeded by K. C. Jhanwar effective January 1, 2027.
Share Price Decline
Ultratech Cement shares dropped 3% intraday, with a 5% monthly and 11% six-month decline.
The headline
UltraTech Cement's Q2 FY27 net profit rose 21% to Rs 1,501 crore despite West Asia conflict and monsoon-affected quarter.
