New Delhi, Jul 19 (PTI) India Cements Ltd (ICL), now a part of the Aditya Birla Group, on Saturday reported a consolidated internet lack of ₹132.90 crore for the primary quarter ended June 2025.
It had reported a internet revenue of ₹58.47 crore a 12 months in the past, in response to a BSE submitting by ICL, now a subsidiary of UltraTech Cement.
Its income from operations was marginally down at ₹1,024.74 crore within the June quarter of FY26. This was ₹1,026.76 crore within the corresponding quarter of the final fiscal.
The full bills of ICL declined 12.43 per cent to ₹1,042.19 crore within the first quarter of FY26.
ICL’s whole revenue, which incorporates different revenue, within the June quarter was marginally down at ₹1,033.85 crore.
UltraTech, the nation’s main cement maker, acquired the promoter’s stake within the South-based cement maker. Consequently, ICL turned a subsidiary of UltraTech Cement, with impact from December 24, 2024.
“PAT earlier than onetime distinctive objects was a detrimental ₹9.13 crore in comparison with detrimental ₹182.21 crore over the identical interval final 12 months,” mentioned an earnings assertion by the corporate.
It has refinanced its debt, leading to a major discount in finance prices to ₹26.58 crore from ₹82.36 crore within the corresponding quarter of the earlier 12 months.
Based on ICL, it’s “deriving advantages of synergy” with its holding firm, UltraTech, which is able to enhance its effectivity.
“The corporate is planning a capital expenditure programme over the subsequent 2 years for bettering effectivity and lowering working prices, rising the share of renewable energy and bettering security requirements,” mentioned ICL.
It additional added that its profitability is anticipated to enhance additional as the good thing about this capex programme begins flowing along with synergies from economies of scale, wider distribution community and stronger steadiness sheet.
On the outlook, ICL mentioned, it “is poised to develop stronger. Rising authorities spending on infrastructure and the advance in demand in housing markets will additional increase the efficiency of the corporate”.