India Cements Q4 Results: Net profit at ₹15 crore, revenue down 3% to ₹1,197 crore

India Cements on Saturday, April 26, reported a consolidated net profit of ₹14.68 crore for the fourth quarter of the fiscal year ended March 31, 2025. The company, which is an Aditya Birla Group firm, posted a net loss of ₹60.55 crore in the year-ago period, according to a company filing.

The cement company’s revenue from operations stood at ₹1,197.30 crore for the reporting quarter, down 3.11% compared to ₹1,235.74 crore posted in the same quarter last year (Q4 FY24). Its total expenses were at ₹1,313.2 crore in the March quarter. Meanwhile, its total income declined by 2.52% to ₹1,255.66 crore in Q4 FY25.

For the financial year ended March 31, 2025, India Cements’ net loss stood at ₹143.88 crore, down from the net loss of ₹227.34 crore reported in FY24. Total income for FY25 was at ₹4,357.41 crore, down 13.81% from the previous year.

Aditya Birla Group’s UltraTech Cements, India’s leading cement manufacturer, acquired the promoters’ stake in India Cements Ltd (ICL) in December 2024. India Cements is a Chennai-based cement company.

In a separate filing on Saturday, ICL informed that its board has approved a draft Scheme of Amalgamation of the subsidiaries—ICL Financial Services, ICL Securities, ICL International and India Cements Infrastructures—with The India Cements and their respective shareholders.

"The Appointed Date of the Scheme is 01.01.2025. Upon the Scheme becoming effective, the entire share capital of the Transferor Companies held by the Transferee Company along with its nominees shall stand cancelled without any further application, act or deed," it said.