Ultratech Cement S/Gdr (UCLQF) Q1 2027 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, good day and welcome to the Ultratech Cement Limited Q1 FY27 earnings conference call. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the call, please signal an operator by pressing star then zero on your touch-tone phone. I now hand the conference over to our CFO, Mr. Atul Daga, Thank you, and over to you, sir. Thank you, Reo. Good afternoon, ladies and gentlemen, and a very warm welcome to this earnings call. The one big theme for us, quarter after quarter, is demand. If the demand is good, everything falls in line, and I'm delighted to report that the first quarter of fiscal 27 has reaffirmed that conviction emphatically. The quarter began with the shadows of West Asia conflict, ended with a de-escalation, and now we know where we are. The situation is still fluid. But with a double-digit volume growth and a demand pipeline across infrastructure, housing, and urban real estate, it is as rich as it can be. Altisync has kicked off fiscal 2017 with a very strong capacity base ready to serve the country and we intend to grow like a challenger and not an incumbent. India's macroeconomic engines continue to demonstrate remarkable resilience. Even as global energy market endured one of the most disruptive supply cycles, India's domestic consumption and investment flywheel kept turning. Indian government is managing and planning its strategies supporting the industry at large in the country. Benchmark lending rates have remained attractive, improving housing affordability and lowering the cost of capital for infrastructure developers like us. There are near-term data points we watch very candidly. Core s...