Signal Desk · Markets

UltraTech profit rises 21.3% in Q2 to ₹1,493.77 crore

2026-10-21 · 1 source · Business Standard Markets

In short

UltraTech Cement reported a 21.3% rise in consolidated net profit for the quarter ended September 30, 2026. Profit attributable to owners of the parent came to ₹1,493.77 crore, up from ₹1,231.58 crore a year earlier.

The stock was up 3% after the update. The reporting says Jefferies pointed to cement price recovery, but the exact note and wider market effect are not stated.

What the reporting says

UltraTech Cement reported consolidated net profit attributable to owners of the parent rose 21.3% year-on-year to ₹1,493.77 crore in the quarter ended September 30, 2026, from ₹1,231.58 crore. The reported figure came in a Markets update that also linked the stock move to a Jefferies view on cement prices, but the available reporting does not provide the full broker note or the exact reason for the rally. The immediate market impact is described as a 3% rise.

Why it matters

UltraTech Cement posted a higher quarterly profit, with consolidated net profit attributable to owners of the parent rising to ₹1,493.77 crore from ₹1,231.58 crore a year earlier. The Markets report also says the stock was up 3% and cites Jefferies on cement price recovery as a catalyst. The available reporting does not give the full brokerage argument or whether the gain held through the session.

Touches: UltraTech Cement, Companies, Markets

Sources