Tuesday, April 15, 2025

Orient Cement Q4 Profit Falls By 38.3 Percent to Rs 42 Crore

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CK Birla Group Company Orient Cement Ltd has reported a 38.3 percent drop in its net profit for Q4, ending with Rs 42.07 crore. This is a significant decline from the Rs 68.19 crore profit it recorded in the same period last year, as per its latest regulatory filing. The drop in profit reflects both reduced sales and overall income during the quarter.

Orient Cement: Q4 Profit From Operations

The company’s revenue from operations also saw a notable fall of 7.07 percent during the March quarter. Orient Cement reported Rs 825.18 crore in revenue, compared to Rs 888.02 crore in the year-ago period. The company has also shared that its total income, including other income, came down to Rs 832.84 crore, showing a 7 percent year-on-year decline.

Orient Cement managed to reduce its overall expenses slightly, recording a total of Rs 764.96 crore in Q4 FY25, a decrease of 2.61 percent compared to the same quarter last year. However, this cost-cutting was not enough to offset the larger drop in revenue, leading to a steep fall in net profit.

Annual Profit Declines 48% in FY25

For the full financial year ending March 31, 2025, Orient Cement reported a 47.8 percent decrease in net profit. The total profit for the year stood at Rs 91.24 crore, compared to Rs 174.85 crore in the previous financial year. The total income for the year dropped to Rs 2,728.69 crore, down from Rs 3,200.60 crore in FY24, representing a 14.7 percent year-on-year decline.

Despite the drop in profit, Orient Cement’s board of directors has recommended a final dividend of 50 percent for FY25. This amounts to Rs 0.50 per equity share of face value Rs 1, as announced after their board meeting held on Sunday.

Ambuja Cements Deal Progressing

In an earlier development on October 22, 2024, Adani Group-owned Ambuja Cements entered a share purchase agreement to buy a 46.80 percent stake in Orient Cement. This deal involved the promoter group and other shareholders. The Competition Commission of India (CCI) approved the transaction on March 4, 2025.

Orient Cement confirmed that, as of now, the existing promoter group continues to hold their stake until the full transaction and related open offer process is completed. This acquisition could significantly change the ownership structure of the company in the coming months.

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