UltraTech Cement, India’s largest ​cement producer by capacity, reported ‌a near 17% rise in first-quarter ​profit on Monday and ⁠unveiled plans to increase capacity addition in fiscal 2028, helped by strong ‌sales volumes.The strong results suggest UltraTech used its scale ‌and market position to absorb ‌higher ⁠fuel costs linked to ⁠the West Asia conflict better than smaller rivals.Prices of petcoke and coal, key ​fuels for ‌cement kilns, remained elevated during the quarter. Although cement makers raised prices by about 2.5% to ‌3%, much of the ​benefit was offset by higher costs.Consolidated net profit rose to ⁠₹2,599 crore in the quarter ended June 30 from ‌₹2,226 crore a year earlier.Revenue from operations rose about 16% to ₹24,648 crore, while sales volumes climbed 12.2% to 41.31 million tonnes.The ‌company also expects a cement capacity ​addition of 29.8 million tonnes per annum (MTPA) in fiscal ⁠2028, compared with its planned addition ⁠of 15.9 MTPA in 2027.Shares of the company rose ‌as much as 2.3% to ₹12,001 after results. Published on July 20, 2026