A leading cement manufacturer reported a 17% year-on-year decline in consolidated net profit for the first quarter of FY2026-27. The company's profit after tax (PAT) stood at Rs 531.12 crore, compared to Rs 643.66 crore in the corresponding quarter of the previous financial year. Despite the drop in profit, the company recorded strong revenue growth during the quarter. Consolidated total income increased 17% year-on-year to Rs 6,444.84 crore, up from Rs 5,516.11 crore in Q1 FY26, supported by higher cement sales and improved market demand. The company's operational performance remained robust, with cement sales volume rising 17% to 10.23 million tonnes, compared to 8.74 million tonnes in the same quarter last year. Including clinker, total sales volume increased 17.2% to 10.49 million tonnes, reflecting healthy demand from the construction and infrastructure sectors. The Ready-Mix Concrete (RMC) business delivered exceptional growth during the quarter. RMC sales volumes surged 156% year-on-year to 2.36 lakh cubic metres, compared to 0.92 lakh cubic metres in Q1 FY26. To support this expansion, the company commissioned eight new RMC plants, taking its total operational network to 33 plants across 17 cities in 11 states. As of June 30, 2026, the company maintained a strong financial position. Its net worth stood at Rs 23,787.36 crore, while the debt-to-equity ratio remained low at 0.07. The operating margin was 24%, net profit margin was 9%, and total debt accounted for only 5% of total assets, indicating healthy financial stability. The company also reported continued progress in its premium product strategy, with premium cement products contributing 23.3% of trade sales volumes during the quarter. Strong demand, expanding production capacity, and wider market presence are expected to support future growth, even as profitability faced pressure during the quarter.