UltraTech Cement Posts 21% Profit Growth in Q2 FY27
UltraTech Cement recorded a net profit of Rs 1,501.38 crore in the second quarter of FY27, a rise of 21.27% year-on-year, according to results reported on 19 October 2026 by Mid-Day and Machine Maker. Net sales for the same period rose 19% to Rs 23,024 crore, as reported by TradingView on the same date. All three outlets corroborate the approximate 21% profit growth figure, with Mid-Day providing the more precise reading of 21.27%.
The results place UltraTech among the larger cement producers reporting earnings this quarter. For further context on peer performance, see India Cements Q2 FY27 EBITDA Rises 34.3% to Rs 148 Crore and India Cements Posts Rs 38.82 Crore Profit in Q2 FY27.
Key Q2 FY27 Financial Facts
| Metric | Value | Source |
|---|---|---|
| Net Profit | Rs 1,501.38 crore | Mid-Day, Machine Maker |
| Net Profit Growth (YoY) | 21.27% | Mid-Day; ~21.3% per Machine Maker; ~21% per TradingView |
| Net Sales | Rs 23,024 crore | TradingView |
| Net Sales Growth (YoY) | 19% | TradingView |
| Quarter | Q2 FY27 | All three outlets |
India's Cement Project Pipeline: Where the Activity Is
The financial results emerge against a backdrop of broad capital investment across India's cement sector. Projects India tracks 1,043 live projects in the Cement and Asbestos sub-sector, with 11 added in the last 90 days alone.
Andhra Pradesh leads all states with 144 tracked projects, followed by Rajasthan (113), Madhya Pradesh (103), Karnataka (81), Gujarat (73) and Uttar Pradesh (61). These six states account for a substantial share of the national pipeline and represent the most active geographies for suppliers and contractors seeking early-stage opportunities.
By project stage, the pipeline breaks down as follows: 449 projects are currently Under Approvals, making this the largest single cohort and an early-entry window for equipment suppliers and civil contractors. A further 138 projects have reached Construction Started, meaning active procurement is likely underway. Approvals Received stands at 49 projects — those closest to moving into construction. Planning-stage projects number 78, while 81 are currently on Hold. Of the 1,043 tracked, 207 have been recorded as Completed.
Recent Project Entries in the Cement Sector
Among the most recently tracked projects, JK Lakshmi Cement Limited is pursuing a new cement plant at Umrangso, Assam, valued at Rs 11,000 crore and currently Under Approvals. My Home Industries Private Limited is developing a Rs 2,597 crore cement plant at Palnadu, Andhra Pradesh, also Under Approvals. Ambuja Cements Limited has a Rs 1,000 crore cement grinding unit at Visakhapatnam, Andhra Pradesh, listed on Hold. The Shyam Sel and Power Limited is progressing a Rs 1,661 crore cement grinding unit in Paschim Barddhaman, West Bengal, with Construction Started. A smaller cement plant by Tungabhadra Ethanol Private Limited in Koppal, Karnataka, valued at Rs 57 crore, has also entered the Construction Started stage.
UltraTech itself recently crossed 2 GW of captive green energy capacity, as reported separately — see UltraTech Cement Crosses 2 GW Captive Green Energy Capacity for details.
What this means for suppliers and contractors
Strong revenue and profit growth at a major cement producer such as UltraTech signals continued demand for construction materials and, by extension, for the capital equipment, raw materials and services that feed new cement capacity. For suppliers and contractors, the more actionable signal lies in the project pipeline itself.
With 449 projects Under Approvals nationally, the near-term order book for civil, mechanical and electrical contractors is likely to be replenished as these projects progress. Andhra Pradesh, Rajasthan and Madhya Pradesh hold the highest concentrations of tracked projects, making them priority territories for field sales teams. The 138 projects at Construction Started represent work already in execution — opportunities for consumables, spare parts and on-site services are live in those locations now.
The 49 projects at Approvals Received stage represent the cohort most likely to enter active tendering in the coming months, and early engagement with those promoters — including names such as GoldCrest Cement, S.K. Minerals Udyog and Khyber Industries — may yield an advantage ahead of formal procurement. Suppliers can monitor the full pipeline via the Industrial Projects sector overview on Projects India.
Frequently asked questions
What was UltraTech Cement's net profit in Q2 FY27?
UltraTech Cement reported a net profit of Rs 1,501.38 crore in Q2 FY27, a rise of 21.27% year-on-year, as reported by Mid-Day and Machine Maker on 19 October 2026. TradingView cited an approximate 21% growth figure for the same quarter.
What were UltraTech Cement's net sales in Q2 FY27?
TradingView reported UltraTech Cement's Q2 FY27 net sales at Rs 23,024 crore, representing a 19% increase year-on-year. The other two outlets covering the results did not publish a net sales figure in their headlines.
How many cement projects are active in India right now?
Projects India tracks 1,043 live projects in the Cement and Asbestos sub-sector across India, with 11 added in the last 90 days. Andhra Pradesh leads with 144 projects, followed by Rajasthan with 113 and Madhya Pradesh with 103.
Which states have the most cement projects under development in India?
Based on Projects India data, Andhra Pradesh leads with 144 tracked cement projects, followed by Rajasthan (113), Madhya Pradesh (103), Karnataka (81), Gujarat (73) and Uttar Pradesh (61).
