Audited Financial Results (standalone & Consolidated) for the year ended 31.03.2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board of India Cements Capital Limited approved audited financial results for the year ended 31 March 2025 at its meeting on 16 April 2025. Statutory auditors P.S. Subramania Iyer & Co. issued a clean (unmodified) opinion on both standalone and consolidated results, with no key audit matters flagged. On a standalone basis, revenue from operations slipped to about Rs 367.72 lakhs from Rs 428.60 lakhs in FY24 (a decline of roughly 14%), and full-year profit after tax eased to around Rs 71 lakhs from Rs 110 lakhs (down roughly 35%). On a consolidated basis (with wholly-owned subsidiary India Cements Investment Services Ltd.), total income was around Rs 603 lakhs and PAT about Rs 66 lakhs, with consolidated cash and cash equivalents rising to Rs 1,422.83 lakhs from Rs 1,142.80 lakhs. The company is primarily in foreign currency dealing and forex advisory, with brokerage and mutual fund distribution via its subsidiary.
The simultaneous double-digit fall in standalone revenue and profit points to ongoing weakness in the core forex advisory business and offers little positive trigger for the stock. Shareholders should expect muted earnings momentum and limited near-term catalyst absent a recovery in dealing volumes.