Cemindia Projects Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Cemindia Projects Limited (formerly ITD Cementation India Limited) reported strong FY2026 results with standalone revenue from operations of Rs 9,982.72 crore, up 8% from Rs 9,246.16 crore in FY2025. Standalone net profit surged 59% to Rs 593.66 crore from Rs 372.80 crore, while consolidated net profit rose 60% to Rs 597.73 crore. EPS improved from Rs 21.70 to Rs 34.56 (basic) on standalone basis. Operating cash flow remained positive at Rs 490.43 crore. The Board approved appointment of Price Waterhouse Chartered Accountants LLP as statutory auditors for 5 years and appointed Mr. Abizer Shabbir Diwanji as Independent Director. No dividend was proposed. Auditors issued an unmodified (clean) opinion on annual results.
Strong profit growth of ~60% year-on-year is positive for shareholders, indicating improved operational efficiency. The clean auditor opinion without any qualifications provides comfort on financial reporting quality. However, no dividend may disappoint income-focused investors.