New Delhi

The India Cements Ltd on Saturday reported a more than fourfold rise in consolidated net profit to Rs 59.5 crore for the March quarter of FY26, driven by higher volumes and better sales realisation.

The company had posted a profit of Rs 14.67 crore in the January-March quarter of FY25, aided by asset sales.

The India Cements Ltd is a subsidiary of UltraTech Cement, part of the Aditya Birla Group.

Revenue from operations rose 2.6 per cent to Rs 1,228.65 crore in the March quarter, while total expenses declined 10.5 per cent year-on-year to Rs 1,174.79 crore. Total income increased 2.57 per cent to Rs 1,254.50 crore.

Domestic sales volume during the quarter stood at 3.12 million tonnes, marking an 18 per cent year-on-year increase, according to the company’s earnings presentation. Net realisation rose 3.5 per cent quarter-on-quarter and 6.2 per cent year-on-year.

For the full FY26, the company reduced its consolidated loss to Rs 67.25 crore from Rs 143.69 crore in the previous year. Total consolidated income for the year rose 5.33 per cent to Rs 4,572.35 crore.

On outlook, the company said it has planned capital expenditure of Rs 2,000 crore over the next two years to invest in growth opportunities and operational efficiencies.

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UltraTech Cement, India’s largest cement producer, had acquired the promoter stake in the South-based company, following which The India Cements Ltd became its subsidiary on December 24, 2024.