UltraTech Cement reported a consolidated Q3 FY26 net profit of ₹1,729.4 crore, up 27% YoY, exceeding estimates, after accounting for a one-time exceptional expense of ₹88 crore under the new Labour Code. Revenue rose 23% to ₹21,830 crore, while EBITDA grew 35.2% to ₹3,915 crore, with margins improving to 17.94%. Consolidated cement sales volumes grew 15% YoY, with domestic grey cement markets up 29.4%. Capacity utilisation improved to 77%, and the company commissioned 1.8 mtpa of new cement capacity in Maharashtra and Rajasthan.
