India Cements logs ₹15 cr profit in Q4 on exceptional income
India Cements Reports ₹15 Crore Q4 Profit: Financial Analysis and Corporate Updates
Table of Contents
Key Highlights
- Q4 net profit of ₹15 crore vs previous year’s loss of ₹61 crore
- Revenue at ₹1,197 crore in Q4 FY25
- Exceptional income of ₹93 crore from subsidiary sales
- Annual net loss reduced to ₹144 crore
- Merger of four subsidiaries approved
Q4 Financial Performance
India Cements, an Aditya Birla Group company, has demonstrated a remarkable turnaround in its financial performance for the fourth quarter of FY25. The company reported a consolidated net profit of ₹15 crore, marking a significant improvement from the ₹61 crore loss recorded in the same quarter of the previous year.
Revenue Analysis
While revenue showed a slight decline at ₹1,197 crore compared to ₹1,235 crore in the previous year, the company’s profitability was significantly boosted by an exceptional income of ₹93 crore from the sale of subsidiaries.
Annual Financial Results
For the complete financial year ended March 2025, India Cements showed improvement in its bottom line, with the net loss reducing to ₹144 crore from ₹227 crore in the previous year. The total income for FY25 stood at ₹4,357 crore, reflecting the challenging market conditions in the cement sector.
Corporate Restructuring
In a significant move towards streamlining operations, India Cements’ board has approved a comprehensive merger scheme. The plan involves the amalgamation of four subsidiaries – ICL Financial Services, ICL Securities, ICL International, and India Cements Infrastructures – with the parent company, effective January 1, 2025.
Strategic Benefits
The merger is expected to streamline operations, reduce administrative costs, and improve operational efficiency across the organization.
Management Changes
The company has announced key changes in its leadership team, with E Jayashree appointed as the new Company Secretary and Compliance Officer, succeeding S Sridharan who will retire in May. Additionally, Makarand M Joshi & Co has been appointed as Secretarial Auditors for a five-year term from FY’26 to FY’30, subject to shareholder approval.
Future Outlook
Following UltraTech Cement’s acquisition of the promoter stake in December 2024, India Cements has become a subsidiary of the country’s largest cement producer. This strategic alignment, combined with the ongoing corporate restructuring and improved financial performance, positions the company for stronger growth in the coming years.
Strategic Position
The combination of improved financial performance, strategic restructuring, and backing from UltraTech Cement creates a strong foundation for India Cements’ future growth and market position.
Published on April 26, 2025
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