India Cements Reports Fourfold Increase in Q4FY26 Net Profit
India Cements Q4FY26 results: Net profit jumps fourfold to ₹59.5 crore
Business Standard
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India Cements Ltd (ICL) reported a fourfold increase in consolidated net profit to ₹59.5 crore for the March quarter of FY26, driven by higher sales volume and improved sales realization. The company plans to invest ₹2,000 crore over the next two years to enhance growth and efficiency.
- 01Net profit surged to ₹59.5 crore in Q4FY26 from ₹14.67 crore in Q4FY25.
- 02Revenue from operations increased by 2.6% to ₹1,228.65 crore.
- 03Domestic sales volume grew by 18% year-over-year to 3.12 million tonnes.
- 04Total expenses decreased by 10.5% year-on-year.
- 05ICL aims to invest ₹2,000 crore in capital expenditure over the next two years.
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India Cements Ltd (ICL) reported a remarkable fourfold increase in its consolidated net profit, reaching ₹59.5 crore for the March quarter of FY26, compared to ₹14.67 crore in the same period last year. This growth was attributed to a significant rise in both sales volume and realization. Revenue from operations rose 2.6% to ₹1,228.65 crore, while total expenses decreased by 10.5% year-on-year to ₹1,174.79 crore. The company's domestic sales volume reached 3.12 million tonnes, marking an 18% increase year-over-year. Additionally, ICL reported total income of ₹1,254.50 crore, up 2.57%. For the entire fiscal year FY26, ICL narrowed its losses to ₹67.25 crore from ₹143.69 crore the previous year, with total consolidated income increasing by 5.33% to ₹4,572.35 crore. Looking ahead, ICL plans to invest ₹2,000 crore over the next two years to capitalize on growth opportunities and enhance operational efficiencies.
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The increase in net profit and revenue indicates a positive trend for India Cements, which may lead to improved job stability and growth in the construction sector.
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