Despite returning to profitability, the company’s revenue from operations fell 3.11% year-on-year to ₹1,197.30 crore during the quarter, compared to ₹1,235.74 crore in the March quarter of FY24. Total income, which includes earnings beyond core operations such as interest or investment income, also dipped 2.52% to ₹1,255.66 crore.
The Aditya Birla Group reported its total expenses for the quarter at ₹1,313.2 crore, showing a slight decline compared to the previous year.
For the full financial year ended March 31, 2025, the company narrowed its net loss to ₹143.88 crore from ₹227.34 crore in the preceding year. However, total income for the year stood at ₹4,357.41 crore, a 13.81% decline compared to FY24.
The company’s ownership changed hands late last year when UltraTech Cement, the country’s largest cement producer, acquired the promoter stake, making India Cements its subsidiary effective December 24, 2024.
Separately, India Cements’ board also approved a draft Scheme of Amalgamation involving the merger of its subsidiaries—ICL Financial Services, ICL Securities, ICL International, and India Cements Infrastructures—with the parent company. The appointed date for the scheme has been set as January 1, 2025. Following the merger, the share capital of the merging companies held by India Cements will be cancelled without the need for any further formalities.
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