Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and half year ended September 30, 2026 (Q2 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results and Acquisition Approval

Audit Opinion:

Limited Review Report issued by Statutory Auditors SRBC & CO LLP - Unmodified conclusion with emphasis of matter regarding ongoing litigation with Competition Commission of India.

Key Financial Highlights [₹ in crore]:

Standalone Results:

Revenue from Operations: Q2 FY27: ₹6,113 (vs Q2 FY26: ₹5,579, +9.6% YoY; vs Q1 FY27: ₹6,320, -3.3% QoQ)

Total Income: Q2 FY27: ₹6,187 (vs Q2 FY26: ₹5,648, +9.5% YoY; vs Q1 FY27: ₹6,563, -5.7% QoQ)

Net Profit: Q2 FY27: ₹114 (vs Q2 FY26: ₹1,158, -90.2% YoY; vs Q1 FY27: ₹504, -77.4% QoQ)

EPS: Basic: ₹0.46 (vs Q2 FY26: ₹4.69; vs Q1 FY27: ₹2.03)

Other Equity: ₹52,205 (vs March 31, 2026: ₹52,064)

Cash and Cash Equivalents: ₹57 (vs March 31, 2026: ₹221)

Debt: Short-term borrowings: ₹4,923; Long-term borrowings: ₹662; Lease liabilities: ₹128 (current) + ₹770 (non-current)

Consolidated Results:

Revenue from Operations: Q2 FY27: ₹9,166 (vs Q2 FY26: ₹9,130, +0.4% YoY; vs Q1 FY27: ₹9,474, -3.3% QoQ)

Total Income: Q2 FY27: ₹9,255 (vs Q2 FY26: ₹9,432, -1.9% YoY; vs Q1 FY27: ₹9,669, -4.3% QoQ)

Net Profit: Q2 FY27: ₹236 (vs Q2 FY26: ₹2,336, -89.9% YoY; vs Q1 FY27: ₹660, -64.2% QoQ)

Attribution: Owners of parent: ₹193; Non-controlling interest: ₹43

EPS: Basic: ₹0.78 (vs Q2 FY26: ₹7.19; vs Q1 FY27: ₹2.32)

Other Equity: ₹59,175 (vs March 31, 2026: ₹58,853)

Cash and Cash Equivalents: ₹395 (vs March 31, 2026: ₹892)

Segment-wise Performance [₹ in crore]:

Cement Segment Revenue: Q2 FY27: ₹8,742; Segment Result: ₹350

Ready Mix Concrete Segment Revenue: Q2 FY27: ₹546; Segment Result: ₹53

Corporate Actions:

Dividend: Interim dividend of ₹496 crore paid during H1 FY27

No new dividend declared in this board meeting

Other Significant Information:

Exceptional items of ₹14 crore in Q2 FY27 for Voluntary Severance Scheme at temporarily suspended production facility

Finance costs increased to ₹142 crore in Q2 FY27 from ₹55 crore in Q2 FY26 due to higher borrowings

Multiple ongoing legal matters with Competition Commission of India (penalties of ₹1,164 crore + ₹30 crore) pending in Supreme Court

Tax benefits: Previous year tax provisions reversed due to favorable High Court decisions (₹1,180 crore reversal in Q2 FY25)

Amalgamation of subsidiaries Sanghi Industries and Penna Cement Industries completed in FY26 with appointed dates of April 1, 2024 and August 16, 2024 respectively

Pending amalgamation schemes with ACC Limited (appointed date January 1, 2026) and Orient Cement Limited (appointed date May 1, 2025) awaiting NCLT approval