HeidelbergCement India Q2 FY27 Results Due Oct 29

Board meeting set for October 29

HeidelbergCement India Ltd has scheduled a board meeting for Thursday, October 29, 2026, to consider and approve its unaudited financial results for the second quarter and half-year ended September 30, 2026. The company made the disclosure under Regulation 29 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The meeting is the company’s upcoming earnings event after it reported first-quarter FY27 numbers in July. Investors will look to the release for an updated view of sales, profitability and cost trends during the September quarter. The board’s decision will cover standalone unaudited results for both the quarter and the first half of the financial year.

Announcement made on October 23

The board-meeting intimation was disclosed to the BSE on October 23, 2026, at 5:30 pm IST. It stated that the board would meet on October 29 to consider and approve the unaudited financial results for the second quarter and half-year ended September 30. The company had previously indicated that its trading window for equity shares would close from October 1. The window is to remain closed until two days after the declaration of the unaudited Q2 results. Such a closure is intended to restrict trading by designated persons while unpublished price-sensitive information may be available.

Q1 FY27 showed higher revenue but lower profit

For Q1 FY27, HeidelbergCement India reported revenue from operations of ₹628.1 crore, up 5.1% year-on-year. Net profit was ₹30.6 crore, down 36.5% from the corresponding quarter of the previous year. The company’s first-quarter earnings release showed earnings per share of ₹1.35, compared with ₹2.13 in Q1 FY26. Reported net income was ₹30.55 crore, consistent with the rounded net-profit figure of ₹30.6 crore. The results indicated that revenue growth did not translate into a similar improvement in earnings during the quarter.

Cost pressure affected first-quarter margins

A reported summary of the Q1 performance attributed the profit decline to fuel-cost pressure despite the rise in revenue. The available standalone quarterly snapshot listed expenditure at ₹593.43 crore for Q1 FY27, up 1.1% sequentially and 9.4% year-on-year. The same snapshot showed revenue of ₹634.40 crore, down 2.9% sequentially and up 4.5% year-on-year. It listed net profit of ₹30.55 crore, down 32.4% quarter-on-quarter and 36.7% year-on-year. The figures show that expenses grew faster than revenue on a year-on-year basis in that snapshot, which coincided with lower reported profit.

Key disclosed financial indicators

What the September-quarter release will cover

The October 29 meeting is specifically scheduled to approve results for the quarter ended September 30, 2026, and the six months from April through September. The disclosure does not provide estimated revenue, profit, volumes or margin figures for Q2 FY27. Therefore, the actual financial performance for the September quarter will be known only after the board considers and releases the unaudited results. The half-year statement will also provide a cumulative view of the company’s financial position after the first two quarters of FY27. The announced date has been identified as the company’s upcoming earnings date.

Recent shareholder approvals

The results meeting follows the company’s annual general meeting process in September. Shareholders approved all five AGM resolutions on September 24, 2026, with voting results disclosed on September 28. The approved items included adoption of audited financial statements and a dividend of ₹7 per share for FY2025-26. Shareholders also approved the appointment of a new director, ratification of cost-auditor remuneration and the reappointment of Jyoti Narang as an independent director for five years. These resolutions relate to governance and the prior financial year, while the October board meeting concerns unaudited FY27 performance.

Market relevance of the Q2 update

The Q2 release will be relevant because the first quarter combined year-on-year revenue growth with a marked decline in net profit. The reported Q1 net profit of ₹30.6 crore was 36.5% lower year-on-year, while EPS fell from ₹2.13 to ₹1.35. Fuel costs were cited in the available Q1 summary as a factor affecting margins. The September-quarter statement will provide the next disclosed set of numbers through which investors can assess whether revenue growth, expenditure and profitability changed during the quarter. No forecast or outlook was included in the board-meeting intimation.

Compliance and next steps

The company’s notice cites SEBI’s disclosure requirements for listed entities. Once the board concludes its consideration on October 29, HeidelbergCement India is expected to disclose the approved unaudited Q2 and half-year results in accordance with applicable listing rules. The trading-window closure is set to continue until two days after the results are declared. Until then, the confirmed event is the scheduled board meeting and the scope of the financial statements it will consider.

Conclusion

HeidelbergCement India will report its Q2 and H1 FY27 unaudited standalone results after the board meeting on October 29, 2026. The announcement follows a Q1 period in which revenue increased but net profit and EPS declined. The result release will provide the next confirmed update on the company’s financial performance for the financial year.