Archive · 24 Jul 2026
Orient Cement Reports Q1 Profit, Acquires Vena Energy Stake
Orient Cement Limited announced its net profit for the first quarter of 2026 was ₹77 crore, which is higher than the previous quarter but lower than the same period last year.
The company also plans to buy a 9.04% stake in Vena Energy, which will help them get electricity from a wind power project in Karnataka.
Additionally, they lent ₹450 crore to their parent company, Ambuja Cements, and are working on merging with them.
The merger meeting is scheduled for September 28, 2026.
Orient Cement's Q1 2026 net profit was ₹77 crore, up from ₹55 crore in Q4 2025 but down from ₹205 crore in Q1 2025.
Revenue for Q1 2026 was ₹604 crore, decreasing from ₹647 crore in Q4 2025 and ₹866 crore in Q1 2025.
The company will acquire a 9.04% stake in Vena Energy for ₹12.34 lakh to secure electricity from a 46 MW wind power project in Karnataka.
Orient Cement provided a ₹450 crore loan to Ambuja Cements at an 8% interest rate, repayable by March 31, 2027.
The amalgamation with Ambuja Cements is proceeding, with a shareholders' meeting scheduled for September 28, 2026.
- Who
- Orient Cement Limited
- What
- Reported Q1 net profit and acquisition of Vena Energy stake
- When
- 23 July 2026
- Where
- Mumbai
- Why
- To secure contracted electricity and strengthen financial position
Financial Performance
Strategic Investments
Profit Growth
Financial Performance
Net profit increased to ₹77 crore from ₹55 crore in the previous quarter.
Strategic Investments
Revenue decreased to ₹604 crore from ₹647 crore in the previous quarter.
Investment Strategy
Financial Performance
Acquisition of 9.04% stake in Vena Energy for ₹12.34 lakh.
Strategic Investments
Loan of ₹450 crore provided to Ambuja Cements at 8% interest.
- Net Profit Q1 2026
- ₹77 crore
- Revenue Q1 2026
- ₹604 crore
- Acquisition Cost
- ₹12,34,350
- Interest Rate on Loan
- 8%
- Amalgamation Meeting Date
- 28 September 2026