Shares of NCL Industries slipped 2.28% to ₹160.20 on the NSE, following a broader market sell‑off.
The company’s cement output rose to 7.81 lakh tonnes in the quarter ending September 30, 2026, from 6.40 lakh a year earlier, as per the production update.
Cement dispatches matched the output climb, reaching 7.79 lakh tonnes against 6.40 lakh last year.
Cement boards production climbed to 13,071 tonnes from 10,673, while dispatches slipped 3% to 13,953 tonnes from 14,346 a year earlier.
Ready‑mix concrete sales fell 10% YoY to 59,882 cubic metres, and hydro‑generation dropped 43% to 9.22 MU.
Half‑year figures show cement production up 16% to 14.74 lakh tonnes and dispatches up 15% to 14.60 lakh, though cement board output fell 12% to 24,710 tonnes.
Analysts note the decline in ready‑mix and hydro segments could pressure margins, but the robust cement growth supports the company’s cash flow.
The company has not issued new guidance, but investors will watch the Q3 FY27 earnings for a clearer view of profitability trends.