Key Financial Figures - Consolidated (₹ in Crores)

Income Statement Highlights:

  • Revenue from Operations: ₹24,648.20 (Q1 FY27) vs ₹21,275.45 (Q1 FY26)
  • Other Income: ₹130.27 (Q1 FY27) vs ₹180.23 (Q1 FY26)
  • Total Income: ₹24,778.47 (Q1 FY27) vs ₹21,455.68 (Q1 FY26)
  • Profit before Exceptional Items, Share in Profit/(Loss) of Associates and Joint Venture and Tax Expense: ₹3,492.28 (Q1 FY27) vs ₹3,050.49 (Q1 FY26)
  • Exceptional Items: ₹13.25 loss (Q1 FY27) vs ₹38.38 loss (Q1 FY26)
  • Share in Profit/(Loss) of Associates and Joint Venture: ₹1.40 profit (Q1 FY27) vs ₹(4.31) loss (Q1 FY26)
  • Profit before Tax: ₹3,480.43 (Q1 FY27) vs ₹3,007.80 (Q1 FY26)
  • Tax Expense: ₹876.71 (Q1 FY27) vs ₹786.89 (Q1 FY26)
  • Net Profit for the period: ₹2,603.72 (Q1 FY27) vs ₹2,220.91 (Q1 FY26)
  • Profit attributable to Owners of the Parent: ₹2,599.28 (Q1 FY27) vs ₹2,225.90 (Q1 FY26)

Key Metrics:

  • Earnings per equity share (Basic): ₹88.36 (Q1 FY27) vs ₹75.67 (Q1 FY26)
  • Paid-up Equity Share Capital: ₹294.68 crores
  • Operating Margin: 21% (Q1 FY27) vs 21% (Q1 FY26)
  • Net Profit Margin: 11% (Q1 FY27) vs 11% (Q1 FY26)
  • Debt-Equity Ratio: 0.27 times (Q1 FY27) vs 0.30 times (Q1 FY26)
  • Current Ratio: 1.02 times (Q1 FY27) vs 0.97 times (Q1 FY26)

Key Financial Figures - Standalone (₹ in Crores)

Income Statement Highlights:

  • Revenue from Operations: ₹23,535.49 (Q1 FY27) vs ₹19,635.26 (Q1 FY26)
  • Other Income: ₹121.16 (Q1 FY27) vs ₹154.38 (Q1 FY26)
  • Total Income: ₹23,656.65 (Q1 FY27) vs ₹19,789.64 (Q1 FY26)
  • Profit before Exceptional Items and Tax Expense: ₹3,252.62 (Q1 FY27) vs ₹3,011.16 (Q1 FY26)
  • Profit before Tax: ₹3,252.62 (Q1 FY27) vs ₹3,011.16 (Q1 FY26)
  • Tax Expense: ₹855.50 (Q1 FY27) vs ₹779.37 (Q1 FY26)
  • Net Profit for the period: ₹2,397.12 (Q1 FY27) vs ₹2,231.79 (Q1 FY26)

Key Metrics:

  • Earnings per equity share (Basic): ₹81.48 (Q1 FY27) vs ₹75.87 (Q1 FY26)
  • Earnings per equity share (Diluted): ₹81.44 (Q1 FY27) vs ₹75.81 (Q1 FY26)
  • Paid-up Equity Share Capital: ₹294.68 crores
  • Net Worth: ₹77,127.12 crores (Q1 FY27)
  • Operating Margin: 20% (Q1 FY27) vs 22% (Q1 FY26)
  • Net Profit Margin: 10% (Q1 FY27) vs 12% (Q1 FY26)
  • Debt-Equity Ratio: 0.25 times (Q1 FY27) vs 0.27 times (Q1 FY26)
  • Current Ratio: 0.94 times (Q1 FY27) vs 0.93 times (Q1 FY26)

Operational Performance

  • Domestic sales volumes: 39.2 million tonnes, up 13.1% YoY
  • Capacity utilization: 81% on installed capacity of 200.1 MTPA in India
  • Operating EBITDA per tonne: ₹1,214 vs ₹1,198/mt in Q1 FY26
  • Total installed WHRS capacity: 434 MW (20 MW commissioned during quarter)
  • Green power mix: 47% (including 1.4 GW renewable energy)

Legal and Regulatory Matters

The disclosure highlights two significant Competition Commission of India (CCI) penalty orders:

1. Order dated 31 August 2016: Penalty of ₹1,804.31 crores (consolidated) / ₹1,616.83 crores (standalone)

2. Order dated 19 January 2017: Penalty of ₹68.30 crores

The Company has filed appeals against these orders. The National Company Law Appellate Tribunal (NCLAT) disallowed appeals against the 31 August 2016 order, leading to appeals before the Supreme Court of India. The Supreme Court granted a stay on the NCLAT order on 5 October 2018.

Consequently, the Company has deposited 10% of the penalty amounts:

  • ₹180.43 crores for consolidated penalty
  • ₹161.68 crores for standalone penalty

These amounts are recorded as assets. The Company, backed by legal opinions, believes it has a good case and accordingly no provision has been recognized in the financial results.

Corporate Actions and Acquisitions

1. Birla White WallCare Acquisition: The Board approved acquisition of 6,42,40,000 equity shares of Birla White WallCare Private Limited (formerly Wonder WallCare Private Limited) for an enterprise value of ₹234.43 crores. The acquisition was completed on 29 May 2025, making it a wholly owned subsidiary.

2. Dalla Super Unit Resolution: Pursuant to a Scheme of Arrangement with Jaiprakash Associates Limited (JAL), the Company issued 1,00,000 Series A Redeemable Preference Shares placed in escrow on 27 June 2017. Following arbitration and a final award on 26 March 2026, all rights and interests in the Dalla Super unit and mines vested fully in the Company. All claims relating to the Series A RPS were fully discharged on 2 April 2026.

Subsidiaries and Associates

The consolidated results include financial results of numerous subsidiaries, associates, and joint ventures, including:

  • Wholly owned subsidiaries: Parish Cement Limited, Climan Limestone Khanij Udyog Private Limited, Bhagwati Limestone Company Private Limited, Birla White Wallcare Private Limited, UltraTech Cement Middle East Investments Limited (with multiple step-down subsidiaries), Letein Valley Cement Limited
  • Subsidiaries: UltraTech Cement Lanka (Private) Limited, The India Cements Limited (with multiple subsidiaries and associates)
  • Associates: Madanpur (North) Coal Company Private Limited, multiple Aditya Birla Renewables entities
  • Joint Venture: Bhaskarpara Coal Company Limited

Sustainability Initiatives

  • Commissioned 20 MW of Waste Heat Recovery System (WHRS) capacity during quarter
  • Total installed WHRS capacity: 434 MW
  • Renewable energy capacity: 1.4 GW
  • Green power mix: 47%
  • Recognized as S&P Global Sustainability Yearbook 2026 Member for Construction Materials Sector
  • Deployment of electric heavy-duty trucks for mining operations and clinker transportation

Review and Approval Process

  • Financial results reviewed by joint auditors: Deloitte Haskins & Sells LLP and KKC & Associates LLP
  • Limited review conducted in accordance with Standard on Review Engagements (SRE) 2410
  • Results reviewed by Audit Committee and approved by Board of Directors on 20 July 2026
  • Meeting commenced at 12:30 pm and concluded at 2:15 pm