The India Cements Ltd., now an Aditya Birla Group agency, on Saturday reported a consolidated web revenue of Rs 14.68 crore for the quarter led to March 2025.
It had reported a web lack of Rs 60.55 crore within the January-March interval a 12 months in the past, in keeping with a BSE submitting.
Nonetheless, its income from operations was down 3.11% to Rs 1,197.30 crore within the March quarter of FY25. This was at Rs 1,235.74 crore within the corresponding quarter final fiscal.
Whole bills of India Cements have been at Rs 1,313.2 crore, down marginally within the March quarter. Whole earnings, which incorporates different earnings, declined by 2.52% to Rs 1,255.66 crore within the March quarter.
For the monetary 12 months ended on March 31, 2025, India Cements reported narrowing of its web loss to Rs 143.88 crore from Rs 227.34 crore in FY24.
Whole earnings was at Rs 4,357.41 crore in FY25, down 13.81%, in comparison with the earlier 12 months.
UltraTech Cements, the nation’s main cement maker, in December final 12 months acquired the promoters’ stake in The Indian Cements Ltd., making the South India-based cement participant its subsidiary with impact from December 24, 2024.
In the meantime, in a separate submitting, ICL knowledgeable its board, in a gathering held on Saturday, authorised a draft Scheme of Amalgamation of three subsidiaries; ICL Monetary Companies, ICL Securities, ICL Worldwide and India Cements Infrastructures with The India Cements and their respective shareholders.
“The Appointed Date of the Scheme is 01.01.2025. Upon the Scheme changing into efficient, your complete share capital of the Transferor Corporations held by the Transferee Firm together with its nominees shall stand cancelled with none additional software, act or deed,” it mentioned.
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