India Cements Ltd reported a sharp turnaround in its financial performance for the second quarter of FY26, posting a net profit of ₹8.8 crore compared to a loss of ₹339 crore in the same period last year. The recovery was driven by improved operational efficiency and higher sales volumes.
Revenue rose 9.3% year-on-year to ₹1,117 crore, up from ₹1,022 crore in Q2 FY25. The company also reported a positive EBITDA of ₹81.7 crore, reversing an EBITDA loss of ₹163 crore in the year-ago quarter, signaling a strong rebound in profitability.
In a strategic move to bolster future growth, the board of India Cements approved a capital expenditure of ₹15,740 crore aimed at modernising its operations. Additionally, the company announced plans to invest ₹4,400 crore for adding 2.8 million tonnes of c