UltraTech Cement tightens grip on volumes, costs as pricing revival awaited
Cement pricing disappointed in the December quarter (Q3FY26), but UltraTech Cement Ltd still delivered a comfortable earnings beat. Consolidated EBITDA jumped 36% year-on-year to ₹3,916 crore, ahead of consensus, even as gray cement realizations fell about 6%. Strong volume growth and lower costs lifted EBITDA per tonne to ₹1,007 from ₹856 a year ago. The…