Agarwal Industrial Q1 Profit Falls 67 Per Cent
ECONOMY & POLICY

Agarwal Industrial Q1 Profit Falls 67 Per Cent

Agarwal Industrial Corporation Limited (AICL), a leading manufacturer and trader of bitumen and allied products, has reported a sharp decline in earnings for the first quarter of FY26, with profit after tax falling 67 per cent year-on-year.
For the quarter ended 30 June 2025, consolidated revenue stood at Rs 5.95 billion compared with Rs 7.09 billion in Q1 FY25, marking a 16 per cent decline. EBITDA dropped 39 per cent to Rs 380 million, while profit after tax fell to Rs 130 million from Rs 390 million a year earlier. Margins contracted, with EBITDA at 6.4 per cent against 8.7 per cent and net margin at 2.2 per cent compared with 5.5 per cent.
The company attributed the weaker performance to external disruptions, including the India–Pakistan war, geopolitical tensions in the Middle East, and an early monsoon that slowed construction activity. Bitumen volumes were 124,614 metric tonnes during the quarter, delivered across seven port locations with bulk storage capacity of 30,500 metric tonnes. Segment revenues were led by bitumen at Rs 4.96 billion, followed by shipping at Rs 720 million, logistics at Rs 160 million, petroleum at Rs 130 million, and wind and others at Rs 30 million.
Despite headwinds, AICL said it remains confident of long-term demand as the Indian government targets infrastructure investments of Rs 7 trillion by FY26, scaling to Rs 10 trillion annually thereafter under programmes such as Bharatmala and PM Gati Shakti. The goal of building 100 kilometres of roads per day is expected to sustain strong demand for bitumen.
With an integrated platform spanning import-led sourcing, port-based storage, a dedicated shipping fleet, and a 650-vehicle logistics network, AICL stated it is well positioned to serve India’s rising road construction needs while improving supply chain efficiency and maintaining long-term value creation. 

Agarwal Industrial Corporation Limited (AICL), a leading manufacturer and trader of bitumen and allied products, has reported a sharp decline in earnings for the first quarter of FY26, with profit after tax falling 67 per cent year-on-year.For the quarter ended 30 June 2025, consolidated revenue stood at Rs 5.95 billion compared with Rs 7.09 billion in Q1 FY25, marking a 16 per cent decline. EBITDA dropped 39 per cent to Rs 380 million, while profit after tax fell to Rs 130 million from Rs 390 million a year earlier. Margins contracted, with EBITDA at 6.4 per cent against 8.7 per cent and net margin at 2.2 per cent compared with 5.5 per cent.The company attributed the weaker performance to external disruptions, including the India–Pakistan war, geopolitical tensions in the Middle East, and an early monsoon that slowed construction activity. Bitumen volumes were 124,614 metric tonnes during the quarter, delivered across seven port locations with bulk storage capacity of 30,500 metric tonnes. Segment revenues were led by bitumen at Rs 4.96 billion, followed by shipping at Rs 720 million, logistics at Rs 160 million, petroleum at Rs 130 million, and wind and others at Rs 30 million.Despite headwinds, AICL said it remains confident of long-term demand as the Indian government targets infrastructure investments of Rs 7 trillion by FY26, scaling to Rs 10 trillion annually thereafter under programmes such as Bharatmala and PM Gati Shakti. The goal of building 100 kilometres of roads per day is expected to sustain strong demand for bitumen.With an integrated platform spanning import-led sourcing, port-based storage, a dedicated shipping fleet, and a 650-vehicle logistics network, AICL stated it is well positioned to serve India’s rising road construction needs while improving supply chain efficiency and maintaining long-term value creation. 

Next Story
Infrastructure Urban

PM Modi Launches Rs 1.22 Trillion Development Projects in Banswara

Prime Minister Shri Narendra Modi inaugurated and laid the foundation stone for development works worth over Rs 1.22 trillion in Banswara, Rajasthan, on the fourth day of Navratri. During his visit to the sacred land of Maa Tripura Sundari and Maa Mahi, the Prime Minister paid homage to the region’s spiritual heritage and highlighted the resilience of India’s tribal communities, inspired by the legacy of Mahayogi Govind Guru Ji.Shri Modi emphasised energy generation as a national priority, announcing power projects exceeding Rs 900 billion across Rajasthan, Madhya Pradesh, Andhra Pradesh, ..

Next Story
Infrastructure Urban

GeM Launches Campaign to Boost Transparency and Fair Trade

The Government e-Marketplace (GeM) has launched a special campaign during Vigilance Awareness Week titled “GeM Ki Sunien, Satark Rahein, Zimmedar Banein,” reinforcing its commitment to transparency, integrity, and ethical practices in public procurement.The initiative aims to educate and empower buyers to adopt best practices and comply with rules while enabling sellers—including last-mile entrepreneurs, startups, and micro and small enterprises (MSEs) from Tier-2 and Tier-3 cities—to access secure and transparent opportunities. GeM’s safeguards, such as red-flag alerts, structured b..

Next Story
Infrastructure Urban

DoT, FIU-IND Join Forces to Curb Telecom-Based Frauds

The Department of Telecommunications (DoT) and the Financial Intelligence Unit-India (FIU-IND) have signed a comprehensive Memorandum of Understanding (MoU) to strengthen information sharing and coordination, marking a major step in India’s fight against telecom misuse in cyber-crimes and financial fraud.The MoU was signed by Shri Sanjeev Kumar Sharma, Deputy Director General (AI & Digital Intelligence Unit – DIU), DoT, and Shri Amit Mohan Govil, Director, FIU-IND, in the presence of Dr. Neeraj Mittal, Secretary (Telecom), and Shri Arvind Shrivastava, Secretary (Revenue). The agreement..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?