INDIA CEMENTS LTD. Q3 FY25 Results

Summary

India Cements Ltd., a subsidiary of UltraTech Cement Ltd., has reported its financial results for the quarter ended 31st December 2024. The company's consolidated net sales for Q3 FY25 were Rs. 940.81 crores, a decrease of 18% compared to the corresponding period of the previous year. The profit before interest, depreciation, and tax for Q3 FY25 was Rs. (143.73) crores, a significant drop from Rs. 78.15 crores in Q3 FY24. However, the profit after tax was Rs. 196.22 crores compared to Rs. 0.67 crores. The company's net debt has dropped sharply to Rs. 886 crores. The company achieved a cement capacity utilization of 57% and domestic sales volume grew 5% YoY on a consolidated basis. UltraTech Cement Ltd. acquired 32.72% of the equity share capital of the company, making India Cements a subsidiary of UltraTech.

Key Highlights

1. 1

   Consolidated net sales for Q3 FY25 down by 18% YoY

2. 2

   Profit before tax turns negative by Rs. (143.73) crores

3. 3

   Profit after tax at Rs. 196.22 crores

4. 4

   Net debt dropped sharply to Rs. 886 crores

5. 5

   Cement capacity utilization at 57%

6. 6

   Domestic sales volume grew 5% YoY

7. 7

   UltraTech Cement acquired 32.72% of equity share capital, making India Cements a subsidiary