India Cements Reports Rs 38.82 Crore Net Profit in Q2 FY27
India Cements recorded a multifold rise in net profit to Rs 38.82 crore in the second quarter of financial year 2026-27, ET Realty reported on 18 October 2026. No further breakdown of the result — such as revenue, operating margin or volume figures — was available from the single outlet that carried the headline.
| Item | Detail |
|---|---|
| Company | India Cements |
| Reporting period | Q2 FY27 (July–September 2026) |
| Net profit | Rs 38.82 crore |
| Source | ET Realty, reported 18 October 2026 |
India Cements' Project Footprint Tracked by Projects India
Projects India tracks five capital projects linked to India Cements at various stages of development across multiple states:
- Cement Plant Expansion, Sendurai, Ariyalur, Tamil Nadu — value not recorded
- Grain Based Ethanol & Captive Power Unit, Bokaro, Jharkhand — Rs 138 crore
- Cement Plant, Jabalpur, Madhya Pradesh — value not recorded
- Captive Power Plant, Chilamkur, YSR Kadapa, Andhra Pradesh — value not recorded
- Cement Plant Expansion, Chilamkur, YSR Kadapa, Andhra Pradesh — value not recorded
These projects span manufacturing capacity, captive power generation and alternate fuels — reflecting a spread of capital commitments across the company's operational geography. Suppliers and contractors active in Tamil Nadu, Andhra Pradesh, Jharkhand and Madhya Pradesh may find these projects directly relevant to their pipeline planning. Full project details are available via Projects India's Cement & Asbestos project tracker.
Broader Cement Sector: 1,043 Projects Tracked Nationally
The financial result sits against a backdrop of significant capital activity across India's cement sector. Projects India currently tracks 1,043 projects in the Cement & Asbestos sub-sector, with 11 added in the last 90 days alone.
The stage breakdown of tracked projects reveals where activity is concentrated:
- Under Approvals: 449 projects — the largest single cohort, indicating a substantial volume of capacity that has not yet cleared regulatory hurdles
- Completed: 207 projects
- Construction Started: 138 projects — live sites where procurement and contracting activity is active
- Hold: 81 projects
- Planning: 78 projects
- Approvals Received: 49 projects — cleared for execution and likely to move to construction in the near term
The 138 projects at Construction Started stage and the 49 at Approvals Received represent the most immediately actionable pipeline for suppliers, equipment makers and civil contractors. The full Industrial Projects sector overview provides additional context on project distribution.
State-Level Geography: Where Cement Investment Is Concentrated
Projects India's data shows a clear geographic concentration of cement-sector investment. Andhra Pradesh leads with 144 tracked projects, followed by Rajasthan (113), Madhya Pradesh (103), Karnataka (81), Gujarat (73) and Uttar Pradesh (61). These six states together account for the majority of tracked project activity in the sub-sector.
Recent high-value additions to the tracked pipeline include a proposed Rs 11,000 crore new cement plant by JK Lakshmi Cement at Umrangso, Assam, currently under approvals, and a Rs 2,597 crore plant by My Home Industries at Palnadu, Andhra Pradesh, also under approvals. A Rs 1,661 crore cement grinding unit by The Shyam Sel & Power at Paschim Barddhaman, West Bengal, has entered the construction stage. These projects illustrate the geographic spread of new capacity investment beyond the traditional southern and western clusters.
Elsewhere in the sector, JSW Cement recently commissioned a 1 MTPA grinding unit in Nagaur, Rajasthan, adding to the state's growing cement manufacturing base.
What this means for suppliers and contractors
India Cements' return to profitability — as reported by ET Realty — may support renewed or continued capital expenditure across its existing project portfolio. Suppliers and contractors engaged with the company's sites in Tamil Nadu and Andhra Pradesh should monitor project stage progressions closely.
More broadly, the 449 projects currently under approvals nationally represent a forward pipeline of potential procurement activity. As approvals clear, a proportion of these will move to construction, generating demand for cement plant equipment, civil construction services, bulk material handling systems, captive power solutions and logistical support.
The 81 projects on hold also warrant periodic attention: hold status can be reversed by financing events, regulatory clearances or, in some cases, improved company financials such as the kind of profit recovery ET Realty has reported for India Cements. Contractors with existing relationships in the sector should track these closely. Projects India's full database of tracked projects is accessible at projectsinindia.ai/projects.
Frequently asked questions
What profit did India Cements report in Q2 FY27?
India Cements reported a multifold rise in net profit to Rs 38.82 crore in the second quarter of financial year 2026-27, according to ET Realty, which published the result on 18 October 2026. No further financial detail was available from the single outlet that reported the figure.
How many cement projects are currently tracked in India?
Projects India tracks 1,043 projects in the Cement and Asbestos sub-sector nationally, with 11 added in the last 90 days. Of these, 449 are under approvals, 138 are at construction stage, and 49 have received approvals and are ready for execution.
Which states have the most cement projects in India?
Based on Projects India's tracked data, Andhra Pradesh leads with 144 cement-sector projects, followed by Rajasthan with 113, Madhya Pradesh with 103, Karnataka with 81, Gujarat with 73, and Uttar Pradesh with 61 tracked projects.
What projects does India Cements have in its pipeline?
Projects India tracks five projects linked to India Cements: a cement plant expansion in Ariyalur, Tamil Nadu; a grain-based ethanol and captive power unit in Bokaro, Jharkhand (Rs 138 crore); a cement plant in Jabalpur, Madhya Pradesh; and two projects in Chilamkur, Andhra Pradesh.


