INDIACEM The India Cements Q2 FY27 results (Jul–Sep 2026) and concall
This document is the transcript of UltraTech Cement's Q2 FY27 call, filed by its subsidiary India Cements. It therefore covers mostly UltraTech's consolidated performance, with a few specific comments on India Cements. UltraTech grew volume 13.8% against industry growth of about 10%, improved utilization to 71% and grew net profit 21%, even though the West Asia crisis lifted fuel costs from Rs 45 to Rs 51.5 a bag. India Cements is currently at about Rs 500/t EBITDA and is going through refurbishment: kiln shutdowns, WHRS, coolers and preheater upgrades. Management says these will take EBITDA t
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
What they filed
Q2 FY27: revenue up 2.2%, net profit up 160.0% against the same quarter last year.
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 902 | 1,198 | 1,025 | 1,117 | 1,114 +24% | 1,229 +3% | 1,019 −1% | 1,142 +2% |
| EBITDA | -188 | 1 | 82 | 81 | 79 +142% | 155 +15400% | 156 +90% | 145 +79% |
| Net profit | -409 | -64 | -8 | 15 | 3 +101% | 55 +186% | 27 +438% | 39 +160% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
