The cement maker reversed its previous quarter loss, supported by a 17% rise in revenue and higher volumes, even as expansion projects continued across India
ACC's second-quarter profit rose 460% year-on-year to Rs 1,119 crore on tax reversal gains and higher premium sales, as the cement major reported its best-ever Q2 revenue
Elara Capital cautions that the near-term pricing environment remains weak, with operating leverage and higher costs likely to weigh on profitability in Q2FY26 and potentially spill over into Q3FY26.
Icra expects cement companies' FY26 operating profit to reach Rs 900-950 per tonne, with healthy demand, better realisations and GST cuts driving growth despite global crude risks
JK Cement share price today: On the bourses, JK Cement share price rose up to 1.21 per cent to an intraday high of ₹6,660 per share.
GST rate cut on cement from 28% to 18% is expected to benefit cement companies in the medium term, though margins may face pressure in the near term as benefits are passed on to consumers
Improved realisations from price gains and stable input costs help firms report profitable June quarter
With 18.4 mt sales and successful Orient Cement integration, Ambuja beats revenue estimates and posts 53% jump in EBITDA amid lower costs and strong premium mix
Orient Cement shares rose over 6 per cent after the company posted a multi-fold jump in the June quarter net profit
ACC reports a 4% growth in Q1 FY26 profit despite a dip in operating margins, as cement sales volumes rise and revenue grows 17.3% YoY
To sell promote Adani Cement brand alongwith ACC, Ambuja brands
According to analysts, the consolidation in India's cement sector and the weak demand have put pressure on the pricing environment
JK Cement has completed the acquisition of a majority 60 per cent stake in Jammu & Kashmir-based Saifco Cements for Rs 150 crore, formalising a joint venture with the company. This makes the JK Organisation group firm as the first major cement manufacturer to set up manufacturing operations in Srinagar, signalling a step towards regional economic empowerment, according to a joint statement. As per the shareholders' agreement between the company and its promoters, JK Cement will acquire management control and hold 60 per cent of the paid-up capital of Saifco. "The investment of Rs 149.81 crore would be paid to the existing promoters of Saifco and also to Saifco for acquisition of 60 per cent equity capital of Saifco," it said. Following this, Saifco Cements has become a subsidiary of JK Cement with immediate effect. Moreover, the "board of the Saifco shall be re-constituted and three persons nominated by the company will be appointed as additional directors on the board of Saifco .
In FY25, revenue was down 8 per cent, while EBITDA was down 12 per cent and PAT was down 51 per cent YoY. Volumes were flat YoY
Birla Corp.'s stock rose as much as 20 per cent during the day to an upper circuit of ₹1,268.8 per share, the biggest intraday gain since May 26, 2020
The profit stood at ₹165.54 crore, driven by a 40 per cent share of premium products in the company's trade sales
Cement contributes significantly to the government exchequer not just due to its high tax rate, but also because credit availment is blocked and restricted under the statute
The India Cements Ltd, now an Aditya Birla Group firm, on Saturday reported a consolidated net profit of Rs 14.68 crore for the quarter ended in March 2025. It had reported a net loss of Rs 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 per cent to Rs 1,197.30 crore in the March quarter of FY25. This was at Rs 1,235.74 crore in the corresponding quarter last fiscal. Total expenses of India Cements were at Rs 1,313.2 crore, down marginally in the March quarter. Total income, which includes other income, declined by 2.52 per cent to Rs 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 Rs 143.88 crore from Rs 227.34 crore in FY'24. Total income was at Rs 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
The company's total expenses for the quarter stood at Rs 5,514.82 crore, up 13.11 per cent Y-o-Y
Pricing weakness to chip away at earnings: Single-digit demand growth, realisations to dip