Ultratech Cement drops despite strong quarterly earnings
Mumbai, Oct. 19 -- The company's consolidated net profit jumped 21.29% to Rs 1493.77 crore in Q2 FY27 compared with Rs 1231.58 crore in Q2 FY26. Revenue from operations increased 18.81% YoY to Rs 23,295.07 crore in Q2 FY27.
Profit before exceptional items, share of profit or loss of associates and joint ventures, and tax expense increased 25.62% to Rs 2,087.08 crore from Rs 1,661.51 crore a year earlier. The company reported an exceptional loss of Rs 6.29 crore and a share of loss of Rs 2.21 crore from associates and joint ventures during the quarter.
Profit before interest, depreciation and tax (PBIDT) grew 17.3% YoY to Rs 3,832 crore in Q2 FY27, compared with Rs 3,268 crore in Q2 FY26.
UltraTech Cement delivered a strong operational ...
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