Orient Cement Q2 result: Net profit up multi-fold YoY to ₹49 crore, revenue rises 18%

The company reported a net profit of ₹2.32 crore for the July-September quarter a year ago, according to a regulator filing from Orient Cement Ltd (OCL), now a subsidiary of Ambuja Cements.

Its revenue from operations was up 18.25% YoY to ₹643.32 crore in the September quarter of FY26. It was at ₹544.02 crore in the corresponding period a year ago.

OCL's total expenses were up 6.8% YoY to ₹581.48 crore in the September quarter.

Its cement sales value rose 29% to 1.4 MT during the quarter, while the capacity utilisation was at 65%.

Its total income, which includes other income, was up 19.6% YoY to ₹655.16 crore.

"During the quarter ended June 30, 2025, the company opted for the reduced tax rate regime under Section 115BAA due to which the net deferred tax liability as on April 1, 2025, which was previously recognised at the erstwhile higher tax rate, has been remeasured at the reduced rate, resulting in a reversal of ₹81.18 crore during the quarter ended June 30, 2025.

"Further, pursuant to the adoption of the reduced tax regime under Section 115BAA, the company has also reversed excess income tax provision of ₹16.75 crore created for the financial year 2024-25," it said.

Now, Adani Group controls 72.66% in OCL after the open offer in the company, and the company has become a subsidiary of Ambuja Cements from June 18, 2025.

According to OCL, "97% of the Q2 sales are under Ambuja/ACC brands, while exit of the quarter it is 100 per cent (only a few days of the beginning of the quarter, 3% sales happened under the Orient brand. This is one of the fastest integrations and brand transitions we have achieved," it said.

It is optimistic to achieve 75-80% capacity utilisation for the remaining part of the year.