The India Cements Ltd has reported a sharp rise in its consolidated net profit for the March quarter of fiscal 2026, with earnings increasing more than fourfold to Rs 59.5 crore. In the same quarter last year, the company had posted a profit of Rs 14.67 crore, supported then by asset sales. The latest results reflect improved core business performance driven by stronger volumes and better realisations.
Revenue from operations during the quarter rose 2.6% year-on-year to Rs 1,228.65 crore. Total income also edged higher to Rs 1,254.50 crore, marking a 2.57% increase over the previous year. The company benefited from steady demand conditions in the cement sector along with improved pricing trends across key markets.
On the cost side, India Cements reported a notable decline in total expenses, which fell 10.5% year-on-year to Rs 1,174.79 crore. This reduction helped support profitability during the quarter. Domestic sales volume also showed strong growth, rising 18% year-on-year to 3.12 million tonnes.
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Realisation levels improved as well, with cement prices increasing 6.2% year-on-year and 3.5% sequentially. These gains in pricing, combined with higher volumes, contributed to the improved financial performance. The company’s operational efficiency measures also played a role in strengthening margins.
For the full fiscal year 2026, India Cements narrowed its consolidated net loss to Rs 67.25 crore, compared with a loss of Rs 143.69 crore in the previous year. Annual consolidated income rose 5.33% to Rs 4,572.35 crore, indicating a gradual recovery in business performance despite industry challenges.
Looking ahead, the company has announced a capital expenditure plan of around Rs 2,000 crore over the next two years. The investment will focus on growth opportunities and efficiency improvements across operations. India Cements is now a subsidiary of UltraTech Cement following the acquisition of the promoter’s stake, effective December 24, 2024.
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