India Cements Q4 Profit Jumps Fourfold To ₹59 Cr

The India Cements Ltd (ICL) on Saturday reported over fourfold jump in consolidated net profit at Rs 59.5 crore for March quarter FY26, helped by an increase in volume and sales realisation.

ICL had logged a profit of Rs 14.67 crore in January-March FY25, helped by asset sales, according to a BSE filing.

ICL is a subsidiary of UltraTech Cement, an Aditya Birla group firm.

Revenue from operations was up 2.6 per cent to Rs 1,228.65 crore in March quarter FY26. Total expenses were at Rs 1,174.79 crore, down 10.5 per cent year-on-year.

In Q4, domestic sales volume was 3.12 million tonne, recording a growth of 18 per cent year-over-year, as per an earnings presentation by the company.

Net realisation had a 3.5 per cent increase quarter-on-quarter and 6.2 per cent rise year-on-year. Total income in the March quarter was at Rs 1,254.50 crore, up 2.57 per cent.

In entire FY26, ICL narrowed its loss at Rs 67.25 crore from Rs 143.69 crore a year ago. Total consolidated income was at Rs 4,572.35 crore, up 5.33 per cent.

Over the outlook, ICL said it has a capex plan of Rs 2,000 crore over next two years, where it will invest in growth opportunities and efficiencies.

UltraTech, the country's leading cement maker, had acquired the promoter's stake in the South-based ICL. Consequently, it became a subsidiary of UltraTech Cement with effect from December 24, 2024.