ULTRATECH CEMENT LIMITED Quarterly Results (ULTRACEMCO) — Q1 FY27

Revenue trend and demand read-through

Topline for Q1 FY27 came in at ₹24,648 cr against ₹21,275 cr in Q1 FY26, and ₹25,799 cr in the preceding Q4 FY26 quarter.

On a sequential basis revenue declined -4.5%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.

Total expenses for the quarter were ₹20,833 cr, or 84.5% of revenue, with operating profit grew +15.5% year on year.

Margins, tax and profitability

Net profit of ₹2,599 cr works out to a net margin of 10.5% compared with 10.5% in the year-ago quarter. Margin expansion of this kind usually reflects a better product or service mix, softer input costs, or tighter overheads.

Below the operating line, ULTRATECH CEMENT LIMITED reported profit before tax of ₹3,480 cr, a tax charge of ₹877 cr (effective rate 25.2%), interest cost of ₹453 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.

Sequentially, net profit moved from ₹2,983 cr in Q4 FY26 to ₹2,599 cr in Q1 FY27, a change of -12.9%.

Trailing twelve months and annual context

Across the trailing four quarters ULTRATECH CEMENT LIMITED has generated revenue of ₹93,553 cr and net profit of ₹9,533 cr, a trailing net margin of 10.2%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.

On a full-year basis, FY26 revenue was ₹87,384 cr with net profit of ₹8,166 cr and EPS of ₹277.62, versus the prior year where revenue grew +16.6% and profit grew +35.2%.

What to watch in the next ULTRACEMCO quarter

For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A sustained run of year-on-year profit growth is what usually drives a re-rating rather than any single quarter.

ULTRATECH CEMENT LIMITED has intimated the exchange that its board meets on 19 Oct 2026 to approve the next set of financial results; this page and the tables above update automatically once that filing lands.

All figures here are as reported to the exchanges and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.