India Cements Slips Into Rs 133 Crore Loss In Q1, Income Flat

New Delhi: India Cements Restricted, a subsidiary of UltraTech cement, on Saturday slipped into losses within the first quarter of the monetary yr (Q1 FY26), reporting a internet consolidated lack of Rs 132.90 crore. The Aditya Birla Group-owned cement firm had posted a internet consolidated revenue of Rs 58.47 crore within the corresponding quarter a yr in the past (Q1 FY25). Within the final quarter (Q1 FY25), the corporate’s revenue stood at Rs 14.68 crore, as per its change submitting.

In the meantime, its income from operation remained flat at Rs 1,024.74 crore (year-on-year) from Rs 1,026.76 crore in the identical interval a yr earlier. Nevertheless, the income declined 14 per cent sequentially from Rs 1,197.30 crore within the previous quarter.

The corporate’s bills for the quarter below assessment stood at Rs 1,042.19 crore, falling barely as in comparison with Rs 1,190.24 crore in Q1 FY25, in keeping with the submitting. Nevertheless, the bills have been greater than the whole income (income from operation + different revenue) of Rs 1,033.85 crore, dragging cement manufacturing agency within the losses.

Revenue after tax (PAT) earlier than one-time distinctive objects was a adverse Rs 9.13 crore in comparison with adverse Rs 182.21 crore over the identical interval final yr, in keeping with the submitting. UltraTech acquired the promoter’s stake within the south India-based cement maker.

It later grew to become a subsidiary of UltraTech Cement, with impact from December 24, 2024. “The Firm is planning a capital expenditure programme over the following 2 years for enhancing effectivity and decreasing working prices; growing share of renewable energy and enhancing security requirements,” it mentioned within the submitting.

On the long run outlook, the cement producer mentioned that India Cements is poised to develop stronger. In final quarter, India Cements reported a 3.11 per cent annual fall in its income to Rs 1,197.3 crore.