India's UltraTech Cement extends gains on Q1 profit jump

Ultratech Cement

20/07/2026 10:22

** Shares of UltraTech Cement ULTC.NS up 2.1% to 11,970 rupees
** Co posts Q1 net profit of 25.99 bln rupees ($269.7 mln), up 16.8% yr/yr, helped by strong sales volumes
** Rev from ops rose about 16% to 146.48 bln rupees
** Stock was up by about 1% ahead of its earnings report
** Avg rating of 38 analysts covering the stock is "buy" and median PT is 13,814 rupees - data compiled by LSEG
** ~ YTD, ULTC up about 1.5%

($1 = 96.3725 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))