New Delhi, July 21 -- UltraTech Cement's performance in the seasonally weak June quarter (Q1FY27) broadly met expectations. A key highlight of the industry bellwether's results was that it maintained Ebitda per tonne above Rs.1,200 for the second consecutive quarter despite elevated input costs amid geopolitical tensions.

Consolidated Q1FY27 Ebitda per tonne stood at Rs.1,214, flat year-on-year but lower sequentially. UltraTech is targeting Ebitda per tonne of Rs.1,400 in Q4FY28, factoring in no war-related crisis.

Volumes grew 12% year-on-year to 41.3 million tonnes (mt), led by demand from the housing and rural segments, translating into 16% revenue growth. Domestic grey cement sales rose 13% to 39.2mt. Industry volume growth was 7-8%...