India Cements Q4 profit at ₹14.68 crore, revenue down 3.1% to ₹1,197.3 crore
The Hindu
India Cements reports narrowing net loss, revenue decline, and acquisition by UltraTech Cements in FY25.
The India Cements Ltd, now an Aditya Birla Group firm, on Saturday reported a consolidated net profit of ₹14.68 crore for the quarter ended in March 2025.
It had reported a net loss of ₹60.55 crore in the January-March period a year ago, according to a BSE filing.
However, its revenue from operations was down 3.11% to ₹1,197.30 crore in the March quarter of FY25. This was at ₹1,235.74 crore in the corresponding quarter last fiscal.
Total expenses of India Cements were at ₹1,313.2 crore, down marginally in the March quarter. Total income, which includes other income, declined by 2.52% to ₹1,255.66 crore in the March quarter.
For the financial year ended on March 31, 2025, India Cements reported narrowing of its net loss to ₹143.88 crore from ₹227.34 crore in FY'24.
Total income was at ₹4,357.41 crore in FY2, down 13.81 per cent compared to the previous year.
UltraTech Cements, the country's leading cement maker, in December last year acquired the promoters’ stake in The Indian Cements Ltd, making the South India-based cement player its subsidiary with effect from December 24, 2024.
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