Stories
India Cements Reports Multi-Fold Profit Surge in Q2 on Strong Operational Gains
- •India Cements reported a net profit of ₹38.8 crore for the September quarter, rising more than fourfold compared to ₹8.8 crore in the same period last year.
- •Revenue from operations saw a modest 2.2% year-on-year increase, reaching ₹1,142 crore during the quarter.
- •EBITDA surged 78% year on year to ₹145 crore, while EBITDA margin expanded significantly from 7.3% to 12.7%.
- •The company has approved ₹2,000 crore in investments to expand cement capacity by 2.8 million tonnes per annum and invest in renewable energy.
- •Plans include adding 24 megawatts of waste heat recovery system capacity and 263 megawatts of renewable energy power to manage manufacturing costs.
Key Questions Answered
India Cements reported a net profit of ₹38.8 crore for the September quarter, marking a more than fourfold increase compared to ₹8.8 crore in the same period last year. Meanwhile, revenue from operations grew modestly by 2.2% year on year to reach ₹1,142 crore.
The company attributed its significant profitability improvements to enhanced operational efficiencies and higher capacity utilisation. Its EBITDA surged by 78% year on year to ₹145 crore, while the EBITDA margin expanded to 12.7%.
India Cements has approved investments totaling ₹2,000 crore, with about ₹1,728 crore committed as of September 2026. The plans involve expanding cement capacity by 2.8 million tonnes per annum, alongside investments in 24 MW of waste heat recovery systems and 263 MW of renewable energy.
