NCL Industries sees mixed Q2 performance with cement up, other segments down

NCL Industries reported an 8% increase in cement production to 640,435 MT for the quarter ended September 30, 2025, with cement dispatches growing by 7% to 639,528 MT compared to the previous year. For the half-year, both cement production and dispatches saw a 1% growth. Energy (hydro power) demonstrated strong performance, increasing by 10% to 16.14 MU for both the quarter and half-year periods.

However, other segments experienced contractions. Cement boards production declined by 47% to 10,673 MT for the quarter and 32% for the half-year. Cement boards dispatches also fell by 30% to 14,346 MT quarterly and 35% half-yearly. RMC production & sales saw an 18% quarterly decrease to 66,185 CuM and a 13% half-yearly decrease.

Notably, door production & sales faced a significant decline, plummeting by 98% to 262 units for the quarter and 90% for the half-year, reflecting considerable challenges in this segment.