The India Cements Limited — Board Meeting, 19-07-2025: Outcome of Board Meeting
19-07-2025 | 03:54 pm
19-07-2025 | 03:54 pm
India Cements' board has approved the quarter's financial results. Consolidated Net Sales were Rs. 1024.74 Cr. The company saw a strong operational turnaround with PBIDT of Rs. 92.31 Cr, bouncing back from a loss. Net loss before one-time items improved to Rs. 9.13 Cr.
Strategically, the company is selling its Industrial Chemicals & Monomers Ltd stake for Rs. 97.68 Cr. Debt refinancing significantly cut finance costs to Rs. 26.58 Cr. Future plans include major capital expenditure for efficiency and progressing the merger of four Indian subsidiaries. Outlook remains positive, boosted by infrastructure and housing.
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