India Cements Q3 results: Revenue drops 15.5% YoY to Rs 940.81 crore, Net Profit improves to Rs 116.52 crore

India Cements Limited has reported its Q3 FY25 financial results, showing a decline in revenue but significant improvement in profitability. The company’s net profit for the quarter ended December 31, 2024, stood at Rs 116.52 crore, compared to a loss of Rs 339.14 crore in Q3 FY24, marking a YoY improvement of 134.4%. On a QoQ basis, net profit surged by over 41.5% from Rs 82.29 crore in Q2 FY25.

Key Highlights of Q3 FY25 Results:

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  • Revenue from Operations: Rs 940.81 crore, down 15.5% YoY from Rs 1,113.06 crore.
  • Net Profit: Rs 116.52 crore, compared to a net loss of Rs 339.14 crore YoY.
  • QoQ Net Profit Growth: Up 41.5% from Rs 82.29 crore in Q2 FY25.
  • Total Income: Rs 987.18 crore, against Rs 1,140.33 crore in Q3 FY24.

The company’s strong bottom-line performance reflects better cost control and a reduction in exceptional losses. Total expenses for the quarter stood at Rs 1,259.53 crore, compared to Rs 1,182.70 crore in the corresponding quarter of the previous year.

India Cements continues to focus on operational efficiencies to navigate challenging market conditions, contributing to improved profitability despite declining revenue.