Board Meeting Outcome for Board Meeting Held On 29.05.2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
India Cements Capital Ltd reported audited financial results for FY 2025-26 ending March 31, 2026. Consolidated revenue declined to Rs 50,128 lakhs from Rs 55,868 lakhs in the previous year. The company swung to a consolidated net loss of Rs 6.76 lakhs compared to profit of Rs 5.44 lakhs last year. Standalone revenue was Rs 12,093 lakhs with minimal net loss of Rs 1.19 lakhs. The auditors issued an unmodified opinion but drew multiple Emphasis of Matter notes covering: a cyber fraud incident where Rs 80 lakhs was fraudulently transferred (Rs 48.15 lakhs written off), write-back of Rs 43.55 crores in old borrowings, write-off of Rs 43.38 crores advanced to an entity, and write-off of Rs 0.22 crore for forex broking receivables. An exceptional item of Rs 23.79 lakhs was recognized for New Labour Code impact.
The company faced multiple one-time adjustments (fraud write-off, legacy debt write-back, advances write-off) impacting comparability. Revenue decline of about 10% and PAT turning negative are concerning for shareholders. The multiple Emphasis of Matter notes signal governance and asset recovery concerns despite the clean audit opinion.