Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
The board has also approved Jayant Dua’s appointment as additional director; managing director and key managerial personnel of the company, effective 01 January 2027, upon completion of the term of K. C. Jhanwar as managing director on 31 December 2026.
Jayant Dua’s term as managing director would be for four years beginning 01 January 2027 to 31 December 2030, subject to approval of the company’s shareholders.
Dua is a seasoned leader with 37 years of experience. He joined the Aditya Birla Group in 1996 in its Cement Business and spent a decade across functional and business leadership roles.
Over the last two decades, he has held multiple P&L and CEO responsibilities, building and scaling businesses across diverse industries such as Insulators, Insurance, Century Cement and Chlor-Alkali. In 2023, he was elevated as the Business Head – Renewables and Textiles.
Dua holds an Engineering Degree from IIT Delhi, MBA from International Management Institute and has completed the Advanced Management Program from Harvard Business School.
UltraTech Cement is the cement flagship company of the Aditya Birla Group. It is the second-largest cement producer in the world, outside of China. During the December quarter, the company’s domestic grey cement capacity stood at 188.66 MTPA. Including its 5.4 MTPA cement capacity in the UAE, UltraTech’s total global cement capacity has reached 194.06 MTPA.
The company reported a 26.92% jump in consolidated net profit to Rs 1,725.40 crore on 22.78% increase in revenue from operations to Rs 21,829.68 crore in Q3 FY26 over Q3 FY25.
The scrip had advanced 1.53% to end at Rs 12290.90 on the BSE on Friday.
The Board also approved Dua's appointment as Additional Director; Managing Director and Key Managerial Personnel of the Company effective 1 January 2027, upon completion of the term of K. C. Jhanwar as Managing Director on 31 December 2026. Dua's term as Managing Director would be for 4 (four) years beginning 1 January 2027 to 31 December 2030, subject to approval of the Company's shareholders.
Dua is a seasoned leader with 37 years of experience. He joined the Aditya Birla Group in 1996 in its Cement Business and spent a decade across functional and business leadership roles. Over the last two decades, he has held multiple P&L and CEO responsibilities, building and scaling businesses across diverse industries such as Insulators, Insurance, Century Cement and Chlor-Alkali. In 2023, he was elevated as the Business Head – Renewables and Textiles.
Profit before tax (PBT) increased 34.99% YoY to Rs 2,283 crore in Q3 FY26. EBITDA stood at Rs 4,051 crore in Q3 FY26, registering the growth of 28.93% compared with Rs 3,142 crore posted in Q3 FY25.
Consolidated cement sales volume stood at 38.87 mtpa, registering a 15% YoY growth. Domestic grey cement capacity volumes increased 15.4% YoY to 36.37 million tonnes per annum (MTPA). Overall capacity utilisation improved to 77% for the quarter, compared to 72% during the same period last year.
UltraTech recorded a 29.4% growth in domestic grey cement volumes, excluding the sales volumes of India Cements and Kesoram from the corresponding previous period, as these entities were not part of the company for the entire period. “UltraTech” as a Cement brand grew 22.3% with the rapid improvement of quality of product from these acquired assets and integration of its marketing and logistics.
Operating EBITDA per ton improved to Rs 1,051 excluding India Cements, improving from Rs 911/mt over the previous year.
During the quarter, the company incurred capex of Rs 2,357 crore as part of its ongoing expansion programme and has reduced its net debt-to- EBITDA of 1.08x reflecting strong operating cash flows.
UltraTech along with its subsidiary, India Cements, has initiated the next phase of its expansion, to add 22.8 mtpa of capacity, through a mix of brownfield and greenfield projects and work is progressing as scheduled. Post completion of this phase of expansion, the company will reach a capacity of 240.76 mtpa.
The company also said that its cables and wires business is on track, with critical orders placed, civil work on the project site in progress and key team members being onboarded. It remains confident of meeting the committed launch timeline of Q3 FY27.
UltraTech Cement is the cement flagship company of the Aditya Birla Group. It is the second-largest cement producer in the world, outside of China. During the December quarter, the company’s domestic grey cement capacity stood at 188.66 mtpa. Including its 5.4 mtpa cement capacity in the UAE, UltraTech’s total global cement capacity has reached 194.06 mtpa.
The scrip rose 0.03% to settle at Rs 12,368.30 on the BSE.