India Cements Q1 FY27: Profit Turns Positive, Margin Expands
Originally published by Sahi. Read on Sahi →
India Cements returned to profit in Q1 FY27 as EBITDA nearly doubled and margins improved, although revenue remained largely flat and quarterly profit moderated.
India Cements Q1 2027 Results: India Cements reported a turnaround in Q1 FY27, posting a PAT of ₹26.85 crore against a loss a year ago. EBITDA surged 87% YoY with margin expanding to 15.28%, while revenue remained broadly flat. However, sequential profitability moderated due to lower revenue and exceptional gains.
India Cements Q1 Results FY2027: On 18 July, India Cements reported an improvement in operating performance for the first quarter of FY27. While revenue from operations remained broadly flat year-on-year at ₹ 1,019.42 crore, the company reported a sharp improvement in profitability, with EBITDA surging 87.19% YoY to ₹ 155.72 crore.
The company also returned to profitability, reporting a PAT of ₹ 26.85 crore against a loss in the same quarter last year. Here's a detailed breakdown of India Cements' Q1 FY27 results.
India Cements Q1 FY2027 Results Highlights
Revenue from Operations stood at ₹ 1,019.42 crore in Q1 FY27, declining 0.52% YoY from ₹ 1,024.74 crore. Compared with ₹ 1,228.65 crore in Q4 FY26, revenue declined 17.03% QoQ.
Total Income stood at ₹ 1,022.87 crore, down 1.06% YoY from ₹ 1,033.85 crore. On a quarterly basis, total income declined 18.46% from ₹ 1,254.50 crore.
EBITDA (excluding Other Income) increased to ₹ 155.72 crore, registering 87.19% YoY growth from ₹ 83.19 crore. Compared with ₹ 153.10 crore in Q4 FY26, EBITDA increased 1.71% QoQ. EBITDA Margin improved to 15.28%, compared with 8.12% in Q1 FY26 and 12.46% in Q4 FY26.
Profit After Tax (PAT) stood at ₹ 26.85 crore, compared with a loss of ₹ 131.37 crore in Q1 FY26. Sequentially, PAT declined 54.87% from ₹ 59.50 crore reported in Q4 FY26.
PAT Margin improved to 2.63%, compared with -12.82% in Q1 FY26, reflecting an expansion of 1,545 basis points YoY. Compared with 4.84% in Q4 FY26, PAT margin contracted 221 basis points.
Earnings Per Share (EPS) stood at ₹ 0.87, compared with a loss per share of ₹ 4.29 in Q1 FY26, reflecting the company's return to profitability. Compared with ₹ 1.92 in Q4 FY26, EPS declined 54.69% QoQ.
Source: India Cements Q1 FY27 Consolidated Financial Results.
Indiastock closed at 410.30 and 3.13% higher on 17 July 2026 . The stock is still down -5.74% year-to-date and up 17.18% over the last year.
Key takeaways
- Category: Results.
- AI reads the tone as positive (potentially bullish) for the stock.
Why it matters
A routine update. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.

