Orient Cement Q3 Results: Consolidated net profit down 77.5% at ₹10.14 crore, shares end lower

Orient Cement Ltd on Friday announced its financial results for the third quarter of the current fiscal (Q3 FY25), reporting a 77.5% decline in consolidated net profit at ₹10.14 crore, impacted by lower sales. The cement manufacturing company posted a net profit of ₹44.99 crore in the year-ago period.

The company’s consolidated revenue from operations for the reporting quarter stood at ₹643.35 crore as against ₹751.31 crore in Q3 FY24, the company said in a regulatory filing. Total expenses in Q3 FY25 stood at ₹629.3 crore as compared to ₹681.44 crore in the same period a year ago.

Stock of the company ended 0.8% down at ₹331 apiece on the NSE on January 24. Market capitalisation of the company stood at ₹6,789.14 crore.

Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) of the company was at ₹58.1 crore for the October-December quarter, down 49.7% as compared to ₹115 crore posted in Q3 FY24. EBITDA margin stood at 9% in Q3 FY25 as against 15.4% in the year-ago period.

Last year in October 2024, Adani group firm Ambuja Cements agreed to acquire a 46.8% stake in the C K Birla family-owned Orient Cement for an equity value of ₹8,100 crore. Orient Cement said it is awaiting regulatory and statutory approvals for the acquisition. The deal will add an extra 16.6 MTPA capacity to Ambuja Cements’ overall capacity.