UltraTech Cement reports strong brand growth, outlines expansion and efficiency plans

UltraTech Cement reported 13.2% year-on-year growth for its brand in Q2 FY26, with rural markets also growing by 13%. The company sold over 31 million tons of cement this quarter. UltraTech’s total sales volume, including acquired assets, grew by 6.8%, and without acquired assets, it recorded growth of 9.6%. The company aims to complete brand transition for acquired assets by June 2026.

The company's existing operating assets delivered an EBITDA per metric ton of INR966. UltraTech is on track to reach 200 million tons of capacity by the end of this financial year. It announced further expansion with 22.8 million tons of incremental capacity, primarily in northern and western markets, aiming for 240-245 million tons by fiscal 2029.

Fuel costs increased to INR1.8 per Kcal this quarter, up from INR1.78 per Kcal in the previous quarter. The company expects maintenance costs to decrease by INR100 per ton in Q3. UltraTech anticipates reaching 65% green power usage by the end of its current growth phase.