This UltraTech Cement subsidiary rises over 10% on Q4 profit rises fourfold

The stock rose as much as 10.36% to ₹449.95 per share on the National Stock Exchange (NSE). At 9:47 am, it was up 6.45% to ₹434.

The stock had hit its 52-week high of ₹485.80 per share on January 8, 2026, while its 52-week low of ₹278.30 apiece was recorded on April 28, 2025.

India Cements Q4 results

The India Cements Ltd (ICL) on April 25 posted a more than fourfold jump in consolidated profit after tax to ₹59.5 crore for Q4 FY26 due to an increase in volume and sales realisation.

India Cement, a subsidiary of Aditya Birla group firm UltraTech Cement, had reported a net profit of ₹14.67 crore in the March quarter of FY25, helped by asset sales, according to a BSE filing.

Revenue from operations climbed 2.6% to ₹1,228.65 crore in the latest March quarter of the fiscal year 2026, compared to ₹1,197.57 crore a year back. Total expenses stood at ₹1,174.79 crore, down 10.5% year-on-year.

In Q4, domestic sales volume was at 3.12 million tonnes, reflecting a growth of 18% YoY, as per an earnings presentation by the company.

Net realisation had a 3.5% surge QoQ and 6.2% rise YoY. Total income in the quarter under review was at ₹1,254.50 crore, up 2.57%.

In the entire FY26, India Cements narrowed its loss at ₹67.25 crore from ₹143.69 crore a year ago. Total consolidated income was at ₹4,572.35 crore, up 5.33%.

Over the outlook, the cement maker said it has a capital expenditure plan of ₹2,000 crore over the next two years, where it will invest in growth opportunities and efficiencies.

UltraTech, India's leading cement manufacturer, had acquired the promoter's stake in India Cements. Consequently, it became a unit of UltraTech Cement with effect from December 24, 2024.