NCL Industries Q3 FY26 – Mixed Performance Across Cement & Boards Segment

NCL Industries reported a mixed operational performance in Q3, with steady growth in cement operations while cement boards witnessed a sharp decline. • Cement Production: ↑ 5% YoY to 6.94 lakh tonnes (vs 6.61 lakh tonnes) • Cement Dispatches: ↑ 5% YoY to 6.93 lakh tonnes (vs 6.62 lakh tonnes) • Cement Boards Production: ↓ 41% YoY to 11,907 tonnes (vs 20,231 tonnes) • Cement Boards Dispatches: ↓ 25% YoY to 14,096 tonnes (vs 18,743 tonnes) The update highlights resilience in cement demand, while the boards segment faced volume pressures during the quarter.