Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results and Acquisition Approval
Audit Opinion:
Limited Review Report issued by SRBC & CO LLP - Clean opinion with emphasis of matter regarding ongoing litigation with Competition Commission of India.
Key Financial Highlights [₹ in Crore]:
Standalone Results:
Revenue from Operations: ₹5,748 (Q1 FY27) vs ₹6,256 (Q1 FY26) - Down 8.1% YoY
Total Income: ₹5,825 (Q1 FY27) vs ₹6,376 (Q1 FY26) - Down 8.6% YoY
Net Profit: ₹148 (Q1 FY27) vs ₹385 (Q1 FY26) - Down 61.6% YoY
EPS: ₹7.88 (Basic) vs ₹20.48 (Q1 FY26) - Down 61.5% YoY
Other Equity: ₹20,228
Consolidated Results:
Revenue from Operations: Not explicitly stated but derived from segment revenue
Net Profit: ₹147 (Q1 FY27) vs ₹376 (Q1 FY26) - Down 60.9% YoY
EPS: ₹7.83 (Basic) vs ₹19.99 (Q1 FY26) - Down 60.8% YoY
Other Equity: ₹20,362
Segment-wise Performance:
Cement and Ancillary Services:
Revenue: ₹5,376 crore (Q1 FY27)
Segment Results: ₹193 crore (Q1 FY27)
Ready Mix Concrete:
Revenue: ₹501 crore (Q1 FY27)
Segment Results: ₹7 crore (Q1 FY27)
Corporate Actions:
1. Acquisition of 26% equity shares (9,58,548 shares) in Amplus Andhra Power Private Limited for approximately ₹53.1 million
2. Scheme of Amalgamation with Ambuja Cements Limited (appointed date January 1, 2026) awaiting NCLT approval
3. Loan of ₹3,900 crore given to Ambuja Cements Limited at 8% interest per annum, repayable by March 31, 2027
Other Significant Information:
1. Exceptional Items for Q1 FY27: ₹24 crore (termination benefits under Voluntary Severance Scheme)
2. Tax adjustments: During previous year, reversed tax provisions of ₹594 crore net based on favorable High Court decisions
3. Temporary suspension of manufacturing operations at certain facilities to improve operational efficiency
4. Reclassification of coal sales as Revenue from Operations instead of netting against Power and Fuel expense
5. Infrastructure Development Cess and Environment Cess credit of ₹93 crore recognized as receivable based on favorable court judgment