India Cements quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	1,142	1,117	+2.2%
EBITDA	144	81.1	+77.9%
EBITDA margin	12.6%	7.3%	+5.4 pts
Profit before tax	52.3	4.4	+1,090.9%
Net profit	38.8	8.8	+340.6%
EPS	₹1.25	₹0.28	+346.4%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	1,142	1,019	1,229	1,114	1,117	1,025	1,197	941	1,032	1,027	1,267	1,144	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	3.7	3.5	25.9	23.7	29.0	9.1	26.3	46.4	159	15.5	20.2	29.4
	1,146	1,023	1,255	1,138	1,146	1,034	1,224	987	1,191	1,042	1,287	1,174
	326	246	323	248	214	219	252	201	214	201	251	207
	0.0	0.0	0.0	0.0	0.0	0.0	1.1	18.2	0.5	30.5	0.4	31.9
	−25.1	−12.5	15.5	−6.6	43.6	−61.2	−26.3	17.3	29.2	4.0	−0.1	14.7
	45.0	47.6	62.9	59.9	57.8	62.3	89.7	87.5	96.1	107	99.8	87.9
	24.1	26.2	23.4	24.1	25.3	26.6	38.1	73.4	73.3	82.4	64.7	60.4
	71.6	71.9	75.9	74.7	74.5	74.1	74.9	55.3	55.1	56.5	58.1	58.1
	652	582	675	734	720	721	884	807	854	709	878	755
	1,093	962	1,175	1,134	1,136	1,042	1,313	1,260	1,323	1,190	1,352	1,214
	144	156	153	79.1	81.1	83.2	−3.0	−190	−163	−24.7	37.6	48.8
	72.7	83.8	77.2	4.3	6.7	9.1	−77.9	−245	−218	−81.1	−20.5	−9.3
Profit
	52.3	61.1	79.7	3.9	10.4	−8.3	−89.6	−272	−132	−148	−65.0	−40.3
	0.0	−25.3	−10.9	−8.5	−6.0	−124	90.1	366	−223	241	15.9	26.2
	52.3	35.8	68.8	−4.5	4.4	−132	0.5	93.8	−355	92.7	−49.1	−14.1
	0.8	0.0	−1.8	0.1	0.0	1.7	1.4	48.2	18.2	0.6	6.0	0.0
	12.7	9.0	11.1	−1.9	−4.5	−2.5	−25.5	−87.7	−34.5	20.8	−5.0	−7.5
	13.5	9.0	9.3	−1.9	−4.4	−0.7	−24.1	−39.5	−16.3	21.4	1.0	−7.5
	0.0	0.0	0.0	0.0	0.0	−1.5	−4.5	5.8	0.0	−12.9	−10.5	7.3
	38.8	26.9	59.5	−2.7	8.8	−133	14.7	122	−339	58.5	−60.6	0.7
	38.8	26.9	59.5	−2.7	8.8	−131	24.6	133	−339	71.3	−50.1	−6.6
	0.0	0.0	0.0	0.0	0.0	0.0	−5.5	−16.8	0.0	0.0	0.0	0.0
	−1.6	0.9	1.3	−6.9	0.6	2.4	1.1	4,911	−18.9	−0.6	1.5	−0.8
	37.2	27.8	60.8	−9.5	9.4	−131	15.8	5,033	−358	57.8	−59.1	−0.2
	—	—	—	—	8.8	—	—	—	—	—	—	—
Per share
	₹1.25	₹0.87	₹1.92	−₹0.09	₹0.28	−₹4.21	₹0.51	₹162.41	−₹11.55	₹1.87	−₹1.91	₹0.00
	₹1.25	₹0.87	₹1.92	−₹0.09	₹0.28	−₹4.21	₹0.51	₹162.41	−₹11.55	₹1.87	−₹1.91	₹0.00
Continuing & discontinued operations
	0.0	0.0	0.0	0.0	0.0	0.0	−3.1	−19.1	0.0	0.0	0.0	0.0
	0.0	0.0	0.0	0.0	0.0	0.0	2.3	−2.3	0.0	0.0	0.0	0.0
Other comprehensive income — detail
	−1.6	0.9	1.3	−6.9	0.6	2.4	1.1	—	—	—	—	—
	−0.5	1.4	−4.8	−5.3	−0.3	3.2	2.6	5,398	−21.5	0.1	2.8	−1.0
	1.5	0.3	−1.2	−1.3	−0.1	0.8	1.6	—	—	—	—	—
	—	—	—	—	—	—	—	487	−1.0	0.0	0.7	−0.2
	0.4	−0.1	4.8	−2.9	0.8	—	0.1	−0.6	1.7	—	−0.6	−0.1
	—	—	—	—	—	—	—	0.0	0.0	0.7	0.0	0.0
	—	—	—	—	8.8	—	—	—	—	—	—	0.0
Per share — as-filed variants
	₹1.25	₹0.87	₹1.92	−₹0.09	₹0.28	−₹4.21	₹0.69	₹162.95	−₹11.55	₹1.87	−₹1.91	₹0.00
	₹1.25	₹0.87	₹1.92	−₹0.09	₹0.28	−₹4.21	₹0.69	₹162.95	−₹11.55	₹1.87	−₹1.91	₹0.00
	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	−₹0.18	−₹0.54	₹0.00	₹0.00	₹0.00	₹0.00
	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	−₹0.18	−₹0.54	₹0.00	₹0.00	₹0.00	₹0.00
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	842	786	891	873	859	867	970	704	788	791	1,016	891
	73.7%	77.1%	72.5%	78.4%	76.9%	84.6%	81.0%	74.9%	76.3%	77.1%	80.2%	77.9%
Adjusted (ex-exceptional items) — derived
	52.3	61.1	79.7	3.9	10.4	−8.3	−89.6	−272	−132	−148	−65.0	−40.3
	0.0	−25.3	−10.9	−8.5	−6.0	−124	90.1	366	−223	241	15.9	26.2
	38.8	45.8	69.0	2.3	14.8	−9.8	−75.4	−244	−126	−127	−76.4	−11.6
	₹1.25	₹1.48	₹2.23	₹0.08	₹0.47	−₹0.31	−₹2.62	−₹323.82	−₹4.30	−₹4.05	−₹2.41	₹0.00

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

INDIACEM₹300.25

India Cements Ltd.

· Infrastructure

Annual Quarterly₹ CrorePeersULTRACEMCO RAMCOCEM DALBHARAT NUVOCO JSWCEMENT JKCEMENT ACC BIRLACORPNMcap ₹9,305 Cr

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In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	1,144.5	1,266.7	1,026.8	1,031.8	940.8	1,197.3	1,024.7	1,117.0	1,114.3	1,228.7	1,019.4	1,142.0
Other Income	29.4	20.2	15.5	159.0	46.4	26.3	9.1	29.0	23.7	25.9	3.5	3.7
Total Income	1,173.8	1,286.9	1,042.3	1,190.8	987.2	1,223.6	1,033.9	1,146.0	1,138.0	1,254.5	1,022.9	1,145.7
Expenses
+ Cost of Materials Consumed	206.6	250.5	201.1	214.4	200.9	252.4	219.3	214.3	247.6	322.5	246.2	325.5
+ Purchases of Stock-in-Trade	31.9	0.4	30.5	0.5	18.2	1.1	0.0	0.0	0.0	0.0	0.0	0.0
+ Changes in Inventories	14.7	-0.1	4.0	29.2	17.3	-26.3	-61.2	43.6	-6.6	15.5	-12.5	-25.1
+ Employee Benefit Expense	87.9	99.8	106.6	96.1	87.5	89.7	62.3	57.8	59.9	62.9	47.6	45.0
+ Finance Costs	60.4	64.7	82.4	73.3	73.4	38.1	26.6	25.3	24.1	23.4	26.2	24.1
+ Depreciation & Amortisation	58.1	58.1	56.5	55.1	55.3	74.9	74.1	74.5	74.7	75.9	71.9	71.6
+ Other Expenses	754.6	878.5	709.2	854.3	807.0	883.5	721.2	720.2	734.3	674.7	582.4	652.3
Total Expenses	1,214.2	1,351.8	1,190.2	1,323.0	1,259.5	1,313.2	1,042.2	1,135.6	1,134.0	1,174.8	961.8	1,093.4
EBITDA	48.8	37.6	-24.7	-162.7	-190.1	-3.0	83.2	81.1	79.1	153.1	155.7	144.3
EBIT	-9.3	-20.5	-81.1	-217.9	-245.3	-77.9	9.1	6.7	4.3	77.2	83.8	72.7
Profit
PBT before Exceptional Items	-40.3	-65.0	-148.0	-132.2	-272.4	-89.6	-8.3	10.4	3.9	79.7	61.1	52.3
+ Exceptional Items	26.2	15.9	240.7	-223.2	366.2	90.1	-123.8	-6.0	-8.5	-10.9	-25.3	0.0
Pretax Income	-14.1	-49.1	92.7	-355.5	93.8	0.5	-132.1	4.4	-4.5	68.8	35.8	52.3
+ Current Tax	0.0	6.0	0.6	18.2	48.2	1.4	1.7	0.0	0.1	-1.8	0.0	0.8
+ Deferred Tax	-7.5	-5.0	20.8	-34.5	-87.7	-25.5	-2.5	-4.5	-1.9	11.1	9.0	12.7
Tax Expense	-7.5	1.0	21.4	-16.3	-39.5	-24.1	-0.7	-4.4	-1.9	9.3	9.0	13.5
+ Share of Associates & JVs	7.3	-10.5	-12.9	0.0	5.8	-4.5	-1.5	0.0	0.0	0.0	0.0	0.0
Net Income	0.7	-60.6	58.5	-339.1	122.3	14.7	-132.9	8.8	-2.7	59.5	26.9	38.8
+ Net Income — Continuing Ops	-6.6	-50.1	71.3	-339.2	133.3	24.6	-131.4	8.8	-2.7	59.5	26.9	38.8
+ Net Income — Discontinued Ops	0.0	0.0	0.0	0.0	-16.8	-5.5	0.0	0.0	0.0	0.0	0.0	0.0
+ Other Comprehensive Income	-0.8	1.5	-0.6	-18.9	4,910.7	1.1	2.4	0.6	-6.9	1.3	0.9	-1.6
Total Comprehensive Income	-0.2	-59.1	57.8	-358.0	5,033.0	15.8	-130.5	9.4	-9.5	60.8	27.8	37.2
Net Income to Common	—	—	—	—	—	—	—	8.8	—	—	—	—
Per Share
Basic EPS	0.00	-1.91	1.87	-11.55	162.41	0.51	-4.21	0.28	-0.09	1.92	0.87	1.25
Diluted EPS	0.00	-1.91	1.87	-11.55	162.41	0.51	-4.21	0.28	-0.09	1.92	0.87	1.25
Continuing & Discontinued Operations
+ Discontinued Operations — before Tax	0.0	0.0	0.0	0.0	-19.1	-3.1	0.0	0.0	0.0	0.0	0.0	0.0
+ Tax — Discontinued Operations	0.0	0.0	0.0	0.0	-2.3	2.3	0.0	0.0	0.0	0.0	0.0	0.0
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	1.1	2.4	0.6	-6.9	1.3	0.9	-1.6
+ Items NOT to be Reclassified to P&L	-1.0	2.8	0.1	-21.5	5,398.4	2.6	3.2	-0.3	-5.3	-4.8	1.4	-0.5
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	1.6	0.8	-0.1	-1.3	-1.2	0.3	1.5
+ Tax on Items NOT to be Reclassified — alt tag	-0.2	0.7	0.0	-1.0	487.0	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	-0.1	-0.6	—	1.7	-0.6	0.1	—	0.8	-2.9	4.8	-0.1	0.4
+ Tax on Items to be Reclassified — alt tag	0.0	0.0	0.7	0.0	0.0	—	—	—	—	—	—	—
Comprehensive Income — Owners of Parent	0.0	—	—	—	—	—	—	8.8	—	—	—	—
Per Share — as-filed variants
Basic EPS — Continuing Operations	0.00	-1.91	1.87	-11.55	162.95	0.69	-4.21	0.28	-0.09	1.92	0.87	1.25
Diluted EPS — Continuing Operations	0.00	-1.91	1.87	-11.55	162.95	0.69	-4.21	0.28	-0.09	1.92	0.87	1.25
Basic EPS — Discontinued Operations	0.00	0.00	0.00	0.00	-0.54	-0.18	0.00	0.00	0.00	0.00	0.00	0.00
Diluted EPS — Discontinued Operations	0.00	0.00	0.00	0.00	-0.54	-0.18	0.00	0.00	0.00	0.00	0.00	0.00
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	891.3	1,015.8	791.1	787.7	704.4	970.2	866.6	859.2	873.2	890.7	785.8	841.6
Gross Margin %	77.88	80.20	77.05	76.34	74.87	81.03	84.57	76.91	78.37	72.49	77.08	73.69
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	-40.3	-65.0	-148.0	-132.2	-272.4	-89.6	-8.3	10.4	3.9	79.7	61.1	52.3
− Exceptional Items (reconciliation)	26.2	15.9	240.7	-223.2	366.2	90.1	-123.8	-6.0	-8.5	-10.9	-25.3	0.0
Net Income Adj (tax-effected)	-11.6	-76.4	-126.7	-126.1	-243.9	-75.4	-9.8	14.8	2.3	69.0	45.8	38.8
EPS Adj	-0.00	-2.41	-4.05	-4.30	-323.82	-2.62	-0.31	0.47	0.08	2.23	1.48	1.25
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Paid Up Equity Capital	309.9	309.9	309.9	309.9	309.9	309.9	309.9	309.9	309.9	309.9	309.9	309.9

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

India Cements Q2 FY27 results (July–September 2026)

Filed with NSE on Saturday, 17 October 2026 at 5:30 pm IST

India Cements (NSE: INDIACEM) reported its Q2 FY27 results (July–September 2026) on Saturday, 17 October 2026 at 5:30 pm IST. Consolidated net profit was ₹38.8 crore, up 340.6% from ₹8.8 crore in Q2 FY26 and up 44.6% from ₹26.9 crore in Q1 FY27. Revenue from operations was ₹1,142 crore, up 2.2% year on year and up 12.0% from the previous quarter.

Q2 FY26 results (a year earlier): 17 October 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit: ₹38.8 Cr+340.6% vs Q2 FY26+44.6% vs Q1 FY27
Revenue from operations: ₹1,142 Cr+2.2% vs Q2 FY26+12.0% vs Q1 FY27
Operating margin (EBIT): 6.4%+5.8 pts vs Q2 FY26−1.9 pts vs Q1 FY27EBIT ₹72.7 Cr
EBITDA: ₹144 Cr+77.9% vs Q2 FY26−7.3% vs Q1 FY27margin 12.6%
Earnings per share (basic): ₹1.25+346.4% vs Q2 FY26+43.7% vs Q1 FY27
Net profit margin: 3.4%+2.6 pts vs Q2 FY26+0.8 pts vs Q1 FY27

Questions

What was India Cements' net profit in Q2 FY27?

Consolidated net profit was ₹38.8 crore, up 340.6% from ₹8.8 crore in Q2 FY26 and up 44.6% from ₹26.9 crore in Q1 FY27.

What was India Cements' revenue in Q2 FY27?

Revenue from operations was ₹1,142 crore, up 2.2% year on year and up 12.0% from the previous quarter.

What was India Cements' EPS in Q2 FY27?

Basic earnings per share were ₹1.25, against ₹0.28 in Q2 FY26.

How were India Cements' Q2 FY27 results?

Both grew from a year earlier: net profit was up 340.6% at ₹38.8 crore and revenue was up 2.2% at ₹1,142 crore. The operating margin was 6.4%, up 5.8 percentage points from 0.6% a year earlier. Against Q1 FY27, net profit was up 44.6% and revenue up 12.0%.

What was India Cements' operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹72.7 crore, a margin of 6.4%, against 8.2% in Q1 FY27 and 0.6% in Q2 FY26. EBITDA was ₹144 crore, 12.6% of revenue.

What was India Cements' net profit in the first half of FY27?

Consolidated net profit for the first half of FY27 (April–September 2026) was ₹65.7 crore, against a loss of ₹124 crore in the same months a year earlier. Revenue from operations was ₹2,161 crore, up 0.9%.

What is India Cements' net profit margin?

India Cements' net profit margin was 3.4% in Q2 FY27 (net profit as a share of revenue from operations), against 0.8% in Q2 FY26 (up 2.6 percentage points). For FY26 as a whole it was −1.5%.

What was India Cements' net profit in FY26?

Consolidated net profit was a loss of ₹67.3 crore in FY26 (April 2025–March 2026), narrower than the loss of ₹144 crore in FY25. It was a loss of ₹227 crore in FY24 and a loss of ₹127 crore in FY23.

When did India Cements announce its Q2 FY27 results?

On Saturday, 17 October 2026 at 5:30 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 17 October 2025.

How has India Cements' profit changed over the last four quarters?

Net profit by quarter: a loss of ₹2.7 crore in Q3 FY26, a profit of ₹59.5 crore in Q4 FY26, a profit of ₹26.9 crore in Q1 FY27 and a profit of ₹38.8 crore in Q2 FY27. That is a combined profit of ₹123 crore over the four quarters, up 851.1% from ₹12.9 crore in the four quarters before. Revenue from operations: ₹1,114 crore, ₹1,229 crore, ₹1,019 crore and ₹1,142 crore.

What was India Cements' revenue in FY26?

Revenue from operations was ₹4,485 crore in FY26 (April 2025–March 2026), up 8.1% from ₹4,149 crore in FY25. It was ₹5,112 crore in FY24 and ₹5,608 crore in FY23: down 20.0% over three years, an average fall of 7.2% a year.

When will India Cements announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these India Cements figures come from?

From India Cements' own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 17 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.