The India Cements Announces Quarterly Financial Results and Issues Commercial Paper
The India Cements Limited has released its standalone and consolidated unaudited financial results for the quarter ending June 30, 2026. The Board of Directors approved the results, which reflect the company's performance across cement and related products manufacturing.Key financial figures for the quarter include a Total Income of Rs. 1,022.62 Crores in the standalone result and a similar figure at the consolidated level. Net Profit after Tax stood at Rs. 26.62 Crores (standalone) and Rs. 26.85 Crores (consolidated).
A review of the financial statements showed the following performance indicators for the quarter ended June 30, 2026:
| Metric | Standalone (Rs in Crores) | Consolidated (Rs in Crores) |
|---|---|---|
| Revenue from Operations | 1,019.42 | 1,019.42 |
| Total Income | 1,022.62 | 1,022.87 |
| Expenses | 961.77 | 961.79 |
| Profit/(Loss) before Tax | 35.57 | 35.80 |
| Net Profit after Tax | 26.62 | 26.85 |
| Total Comprehensive Income | 27.64 | 27.77 |
Financial Health and Corporate Actions
The company also provided details of its financial position, showing a Net Worth of Rs. 10,152.03 Crores in the consolidated results for the quarter. The Debt-Equity ratio stood at 0.15 times, while the Current Ratio was reported at 0.90 times.In a related corporate transaction, The India Cements Limited issued 2,000 units of Commercial Paper (CP). These CP units have a face value of Rs. 5,00,000/- each, aggregating to Rs.100 Crores. The commercial paper is set with a discount rate of 6.85% per annum and is due for redemption on September 23, 2026. CARE Ratings assigned the credit rating of CARE A1+ for this issuance.
Notes on Legal Proceedings
The company’s financial statements include notes regarding ongoing legal matters. Certain assets totaling Rs. 120.34 Crores were attached by a statutory authority in 2015, and the Company is appealing this order, believing it has strong grounds to defend its position.Furthermore, the results address an issue concerning the Competition Commission of India (CCI), which imposed a penalty of Rs.187.48 Crores on the company following alleged contravention of the provisions of the Competition Act, 2002. The appeal process against this order proceeded through various forums; the Supreme Court admitted the Company’s appeal in October 2018 and directed that the interim order passed by the Tribunal would continue.
INDIACEM Stock Price Movement
On Friday, The India Cements Ltd shares rallied, closing at ₹410.30 after gaining ₹13.15 or 3.31% in market trading. The stock finished the session with a total traded volume of 1.17 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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