Cement sector Q1 review: Earnings beat lifts outlook
India's top cement firms posted double-digit Q1 growth as UltraTech, JK Cement, and Dalmia Bharat surprised on earnings. Sector-wide capacity expansion, steady pricing, and housing demand continue to drive momentum. Analysts expect more upside in FY26, with UltraTech, Ambuja, and Dalmia planning large-scale MTPA additions.