Mumbai: India Cements Ltd on Saturday reported a consolidated net profit of ₹26.85 crore for the first quarter of the financial year 2026-27, ended 30 June 2026. The company had posted a consolidated net loss of ₹132.91 crore in the corresponding quarter of the previous financial year. Revenue From OperationsThe cement manufacturer’s consolidated revenue from operations remained nearly flat at ₹1,019.42 crore for the quarter. This is a slight decrease from ₹1,024.74 crore reported in the quarter ended 30 June 2025. Quarter-on-Quarter Performance
Compared to the preceding quarter ended 31 March 2026, the company’s consolidated net profit declined by 54.87 per cent from ₹59.50 crore. Revenue from operations also fell by 17.03 per cent from ₹1,228.65 crore in Q4 FY26.
Total ExpensesTotal consolidated expenses for the quarter stood at ₹961.79 crore. This is lower than ₹1,174.79 crore incurred in the quarter ended 31 March 2026 and ₹1,042.19 crore in the quarter ended 30 June 2025.Exceptional Items ImpactExceptional items for the current quarter included a profit of ₹29.98 crore on the sale of assets. This was offset by a provision of ₹55.26 crore for disputed liabilities from earlier years, resulting in a net exceptional expense of ₹25.28 crore. Earnings Per ShareBasic earnings per share for the quarter ended 30 June 2026 was ₹0.87. This is an improvement compared to a basic loss per share of ₹4.29 in the year-ago quarter.Commercial Paper IssuanceDuring the quarter, India Cements issued commercial paper worth ₹100 crore at a discount rate of 6.85 per cent per annum. These papers are due for redemption on 23 September 2026 and have a CARE A1+ credit rating.Board ApprovalThe company’s Board of Directors reviewed and approved the unaudited financial results on 18 July 2026. Vivek Agrawal, a Director, was authorised to sign the financial results.Disclaimer: This report is based on the company’s filed financial results (standalone or consolidated, as applicable) and is intended solely for informational purposes. It does not constitute investment advice or a recommendation to buy, sell or hold any security.