India Cements has announced its standalone and consolidated financial performance for the year ended March 31, 2026. The company reported standalone revenue of ₹4,484.69 crore for the fiscal year, with a net profit of ₹65.32 crore. The financial results include the impact of the amalgamation of four wholly-owned subsidiaries, which was made effective from March 28, 2026. The board continues to navigate regulatory challenges while focusing on its core cement business.
Standalone Financial Performance
For the fiscal year ended March 31, 2026, India Cements posted a standalone revenue from operations of ₹4,484.69 crore, compared to ₹4,080.39 crore in the previous year. The company achieved a profit for the year of ₹65.32 crore, a significant turnaround from the loss of ₹655.65 crore reported in the prior fiscal year. The quarter ending March 31, 2026, contributed ₹1,228.65 crore to the annual revenue.
Consolidated Results and Amalgamation Impact
The consolidated financial results reflect the group’s performance, recording an annual revenue of ₹4,484.69 crore and a net loss after taxes and minority interest of ₹67.25 crore for the year. A major development during the year was the successful amalgamation of the company’s four wholly-owned Indian subsidiaries—ICL Securities Ltd, ICL Financial Services Ltd, ICL International Ltd, and India Cements Infrastructures Ltd—which was sanctioned by the National Company Law Tribunal and became effective from March 28, 2026.
Strategic Business Updates
The company continues to realign its business structure. Key events during 2025-26 included the approval for the sale of its entire equity holding in its subsidiary, Industrial Chemicals & Monomers Ltd (ICML), and the divestment of its interests in Indonesian entities including PT Adcoal Energindo. Despite ongoing legal matters regarding the attachment of certain assets and long-standing penalty proceedings, the management maintains confidence in the strength of its legal position.
Source: BSE