India Cements This autumn Outcomes: Cons PAT at Rs 19 crore versus YoY loss, income falls 3%

India Cements on Saturday reported a consolidated internet revenue at Rs 19 crore within the March ended quarter versus a lack of Rs 50 crore within the year-ago interval. The corporate reported Q4FY25 income of Rs 1,197 crore, which was down by 3% over Rs 1,235 crore posted by the corporate within the corresponding quarter of the earlier monetary 12 months.

The corporate’s board additionally accredited the draft Scheme of Amalgamation of ICL Monetary Companies Restricted, ICL Securities Restricted, ICL Worldwide Restricted and India Cements Infrastructures Restricted with The India Cements Restricted. The transferor corporations are wholly owned subsidiaries of the India Cements.

The appointed date of the Scheme is January 1, 2025, an organization submitting stated.

The scheme will probably be topic to obligatory statutory and regulatory approvals, together with sanction by the Nationwide Firm Regulation Tribunal.

Whereas India Cements swung to black on a YoY foundation, the corporate noticed an 84% drop in its revenue after tax (PAT) on the QoQ foundation. It had reported a PAT of Rs 117 crore in Q3FY25.

In the meantime, the topline rose 27% sequentially versus Rs 941 crore within the October-December quarter.