The company’s revenue (net of taxes) rose 5.1% year-on-year to ₹628.11 crore, compared with ₹597.54 crore in the corresponding quarter last year. However, revenue declined 2.8% from ₹646.19 crore reported in the March quarter.
HeidelbergCement India said revenue growth during the quarter was driven by the increase in sales volumes and an approximately 1.5% improvement in prices.
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The company’s earnings before interest, taxes, depreciation and amortisation (EBITDA) declined 24.5% year-on-year to ₹66.8 crore during the June quarter. The EBITDA margin narrowed to 10.6% from 14.8% a year earlier, a contraction of 418 basis points.
EBITDA per tonne declined 27.1% year-on-year to ₹514 from ₹706. Sales volumes increased 3.6% to 1,299 kilotonnes from 1,254 kilotonnes.
On a per-tonne basis, total operating cost, including freight, increased by around 6.4% year-on-year, primarily due to higher raw material, power and fuel costs, mainly because of the West Asia situation. The impact was partly offset by improved pricing.
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The company said alternate fuels accounted for around 12% of its energy mix during the quarter as part of its decarbonisation and circular economy initiatives.
It also said it continues to source more than 50% of its total power consumption from non-grid sources as part of its long-term sustainability agenda.
During the quarter, HeidelbergCement India received consent to establish a cement blending and grinding unit at Dongaliya Village in Khandwa district, Madhya Pradesh, from the Madhya Pradesh Pollution Control Board.
As of June 30, 2026, the company’s cash and bank balance stood at ₹472.6 crore. Shares of Heidelbergcement India Ltd ended at ₹156.75, down by ₹0.25, or 0.16%, on the BSE.
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