
Shares of India Cements have faced a significant drop of 21.82% this week, currently trading at ₹295.15. The decline follows the announcement of its quarterly financial results, which painted a mixed picture of the company’s performance.
India Cements reported a 17.79% year-on-year drop in net sales to ₹940.81 crore for Q3 FY25 compared to ₹1,144.46 crore in the same quarter last year. Despite this, the company recorded a quarterly net profit of ₹122.30 crore, a remarkable increase from ₹0.67 crore in December 2023, driven by improved operational efficiencies.
However, EBITDA for the quarter stood at a negative ₹143.72 crore, reflecting a significant decline of 283.9% from ₹78.15 crore in Q3 FY24, raising concerns among investors about the company’s operational challenges.
The company’s earnings per share (EPS) also saw a substantial increase, rising to ₹162.41 in December 2024 from ₹0.21 in December 2023.
India Cements shares closed at ₹348.55 on January 20, 2025, prior to the steep decline this week. Over the last 12 months, the stock has delivered 48.10% returns but has fallen short in recent weeks.
The India Cements Share Price history
Day | Open | Close | Change % |
---|---|---|---|
Fri, Jan 24 2025
|
₹312.00
|
₹295.15
|
-5.31%
|
Thu, Jan 23 2025
|
₹317.00
|
₹311.70
|
-2.49%
|
Wed, Jan 22 2025
|
₹345.00
|
₹319.65
|
-8.29%
|
Tue, Jan 21 2025
|
₹375.00
|
₹348.55
|
-8.09%
|
Mon, Jan 20 2025
|
₹380.40
|
₹379.25
|
|
Fri, Jan 17 2025
|
₹378.50
|
₹379.10
|
|
Thu, Jan 16 2025
|
₹377.75
|
₹378.15
|
|
Wed, Jan 15 2025
|
₹377.80
|
₹377.55
|
|
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