India Cements reported a net loss in the third quarter even as revenue rose sharply, highlighting persistent margin pressure in the cement industry. The company posted an 18.6% year-on-year increase in revenue to Rs 1,114.3 crore, driven by improved volumes and better realizations. However, elevated input costs, energy expenses, and competitive pricing weighed heavily on profitability, pushing the company into the red. The results underscore the challenges faced by mid-sized cement producers amid volatile fuel prices and intense market competition.