Cemindia Projects has announced its third quarter financial results, showcasing robust growth across key financial metrics. The company's consolidated performance reflects strong operational execution and improved profitability during the quarter.

Financial Performance Overview

The company delivered impressive financial results for the third quarter, demonstrating significant improvement across profitability metrics:

Profitability and Operational Efficiency

The standout performance came from the bottom line, where consolidated net profit surged by 26.4% year-over-year to reach 1.1 billion rupees, compared to 870 million rupees in the same quarter of the previous year. This substantial increase indicates improved operational efficiency and better cost management.

The company's EBITDA performance was equally impressive, rising to 2.22 billion rupees from 2 billion rupees in the corresponding quarter last year. The EBITDA margin expanded to 9.59% from 9.19%, reflecting enhanced operational effectiveness and better margin management.

Revenue Performance

On the revenue front, Cemindia Projects recorded quarterly revenue of 23.15 billion rupees, representing a growth of 2.0% from the 22.7 billion rupees achieved in the corresponding quarter last year. While the revenue growth was modest, the significant improvement in profitability metrics suggests enhanced operational leverage.

Key Performance Highlights

The third quarter results highlight several positive aspects of the company's operational performance:

• Strong profit growth: Net profit increased by over one-quarter compared to the previous year
• EBITDA expansion: EBITDA grew by 11.0% with margin improvement of 40 basis points
• Margin enhancement: Both net profit and EBITDA margins showed significant improvement
• Operational efficiency: Higher profit growth rates compared to revenue growth demonstrate improved cost management

The financial results reflect Cemindia Projects' ability to enhance profitability while maintaining steady revenue growth, positioning the company favorably for continued operational success.

Cemindia Projects Limited has successfully completed its postal ballot process, with shareholders providing overwhelming approval for both proposed resolutions. The results were declared on January 27, 2026, following the scrutinizer's report submission.

Postal Ballot Process Overview

The company conducted the postal ballot pursuant to Section 110 of the Companies Act, 2013, with the Board of Directors' approval obtained through a notice dated December 15, 2025. The voting process was facilitated entirely through remote e-voting, with KFIN Technologies Limited providing the electronic voting platform.

Key timeline details for the postal ballot:

Resolution Results

Ordinary Resolution - Auditor Appointment

The first resolution concerned the appointment of M/s Price Waterhouse Chartered Accountants LLP as statutory auditors to fill the casual vacancy caused by M/s T R Chadha & Co. LLP's resignation. This appointment will remain effective until the 48th Annual General Meeting scheduled for 2026.

Special Resolution - Name Change Compliance

The second resolution sought approval for the placement of a compliance certificate issued by M/s. K. M. Rege & Co., confirming adherence to all conditions relating to the company's name change from ITD Cementation India Limited to Cemindia Projects Limited under SEBI regulations.

Scrutinizer Oversight

Mr. P. N. Parikh (Membership No. F 327) of M/s. Parikh & Associates, Practicing Company Secretaries, served as the appointed scrutinizer for the postal ballot process. The scrutinizer's report, submitted on January 27, 2026, confirmed the validity of the voting process and results.

Regulatory Compliance

The postal ballot was conducted in accordance with:

• Section 110 of the Companies Act, 2013
• Companies (Management and Administration) Rules, 2014
• Various MCA circulars issued between 2020-2025
• SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

The results have been made available on the company's website at www.cemindia.co.in and the registrar's portal at evoting.kfintech.com, ensuring transparency and accessibility for all stakeholders.