India Cements Ltd. has returned to profitability in the June quarter, reporting a net profit of ₹26.9 crore after posting a loss in the same period last year. The company announced its financial results for the quarter ended June 30, showing a strong improvement in operating performance despite largely unchanged revenue. The recovery was supported by higher operating efficiency, improved margins, and a significant reduction in one-time losses.
The cement manufacturer had reported a net loss of ₹133 crore in the corresponding quarter last year. However, in the latest quarter, the company recorded a profit of ₹26.9 crore as exceptional and one-time losses reduced sharply to ₹25.3 crore from ₹124 crore a year earlier. The decline in such losses provided a major boost to the company's overall financial performance and helped strengthen its bottom line.
While profitability improved significantly, revenue growth remained muted during the quarter. The company's revenue declined marginally by 0.6% year-on-year to ₹1,019 crore compared with ₹1,025 crore in the same quarter of the previous financial year. Despite limited growth in sales, India Cements achieved a notable improvement in operational performance, indicating better cost management and efficiency in its core business operations.
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The company's EBITDA increased by 84.5% to ₹155 crore from ₹84 crore recorded in the previous year's corresponding quarter. As a result, the EBITDA margin more than doubled, rising to 15.2% from 8.2% a year earlier. The improvement in margins reflected stronger operational control and better profitability levels, although investors will continue to monitor whether the performance can be sustained in future quarters.
Shares of India Cements have remained in focus over the past year, gaining more than 17% during the period. The stock has also increased around 6.5% in the last one month. Over the past 52 weeks, the company's shares traded between ₹329.75 and ₹485.80 on the NSE, while the company's market capitalisation stood at ₹17,736.7 crore at the end of the previous trading session.
India Cements shares closed at ₹410.30 apiece on Friday, registering a gain of 3.13% during the trading session on the NSE. The latest quarterly results have highlighted a significant recovery in profitability, but market participants are expected to closely track future earnings, demand trends, and the company's ability to maintain improved margins amid stable revenue growth.
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