India Cements Reports Q3 Loss of Rs 2.67 Cr Despite 18.6% Revenue Growth

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News18•23-01-2026, 17:45
India Cements Reports Q3 Loss of Rs 2.67 Cr Despite 18.6% Revenue Growth
- •India Cements Ltd (ICL) reported a consolidated net loss of Rs 2.67 crore in Q3 FY26, down from a net profit of Rs 116.52 crore in the prior year.
- •The loss was primarily attributed to exceptional items, despite a profit before exceptional items and tax of Rs 3.93 crore.
- •Revenue from operations surged by 18.55% to Rs 1,114.26 crore in the December quarter of FY26.
- •Domestic sales volume increased by 25% year-on-year to 2.59 million tonnes, with average capacity utilization up 11% to 69%.
- •Despite growth in revenue and sales volume, Net Cement Realizations decreased by 2.4% quarter-on-quarter.
Why It Matters: India Cements faced a Q3 loss due to exceptional items, even as revenue and sales volume saw significant growth.
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