The India Cements Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
INDIACEM · price
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India Cements reported a significant turnaround with standalone profit after tax of Rs 65.32 Crores for FY2026, compared to a loss of Rs 655.65 Crores in FY2025. Revenue from operations grew 10% to Rs 4,484.69 Crores from Rs 4,080.39 Crores. Finance costs dropped sharply to Rs 99.33 Crores from Rs 267.17 Crores, aiding profitability. Exceptional items of Rs 28.21 Crores included impairment charges and impact of new labour codes. The company completed amalgamation of four wholly-owned subsidiaries with effect from March 28, 2026, and prior period figures were restated accordingly. The auditor issued an unmodified opinion but drew emphasis on a Rs 187.48 Crores CCI penalty and Rs 120.34 Crores asset attachment under PMLA, both pending legal resolution.
The company has returned to profitability after two consecutive loss-making years, driven by cost reduction and operational efficiency. However, contingent liabilities of Rs 307.82 Crores from ongoing legal disputes remain a concern for shareholders.