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1Fix the driver behind crashes, sound loss and screen glitches2Clear out junk files and repair common Windows errors3Scan for outdated or missing drivers - takes under a minuteThe reported 22% year-over-year increase in NCL Industries’ quarterly cement production and dispatches is not verified by the company filing available in the sources cited here. A secondary report gives different Q1 FY 2026–27 figures—production up 9% and dispatches up 8%—but those figures also need confirmation against the underlying company or exchange disclosure.
Is NCL Industries’ quarterly cement growth really 22%?
Not on the evidence available here. NCL Industries’ investor pages show Q1 FY 2026–27 materials, but the cited official pages do not expose the operating-volume table needed to confirm the headline’s 22% figure. The available information also does not establish whether 22% refers to production, dispatches, both measures, or a year-to-date comparison.
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A secondary EquityBulls report describes provisional Q1 FY 2026–27 year-over-year growth of 9% in cement production and 8% in dispatches. Those are not a verified replacement for the 22% claim: confirm each measure and comparison period against the original company or exchange filing before treating any figure as final. EquityBulls’ Q1 FY 2026–27 report
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What should the quarterly filing clarify?
Production and dispatches are separate operating measures, so a headline that combines them needs to be checked against the filing’s exact labels and periods. The relevant disclosure should make it possible to distinguish:
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- quarter-only year-over-year growth from any year-to-date comparison; and
- the current-quarter figures from the same quarter a year earlier.
NCL’s quarterly results page is organized by fiscal year and quarter and shows a June quarter for FY 2026–27. Its publications page lists Q1 unaudited financial results for that fiscal year. These pages establish that quarterly materials are available, but the cited page information does not confirm the production and dispatch percentages.
What do NCL’s latest verified annual figures show?
The company’s FY 2024–25 annual report gives full-year cement volumes, not quarterly results. It reports both production and dispatches down 6% from FY 2023–24:
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| Measure | FY 2024–25 | FY 2023–24 | Year-over-year change |
|---|---|---|---|
| Cement production | 2,711,868 MT | 2,889,179 MT | Down 6% |
| Cement dispatches | 2,712,471 MT | 2,891,981 MT | Down 6% |
| Cement turnover | ₹1,740 crore | ₹2,141 crore | Not stated |
These annual figures cannot verify or disprove a change in a particular quarter. The annual report attributes FY 2024–25 pressure on cement demand and dispatches to weak market conditions, continuous rains, sand non-availability and lower net realization per bag. It also says lower production and sales volumes, reduced realization and weak market conditions affected cement profitability. NCL Industries Annual Report 2024–25
What can readers conclude?
The 22% quarterly claim remains unconfirmed in the cited official material. The 9% production and 8% dispatch growth figures are attributed to a secondary account and should likewise be treated as provisional until checked against the original operational disclosure. NCL’s confirmed annual report figures show a 6% decline in both cement production and dispatches in FY 2024–25, a different period that should not be conflated with Q1 FY 2026–27.
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