Saurashtra Cement Limited has released its unaudited financial results for the third quarter and nine months ended December 31, 2025, presenting a mixed performance with revenue growth offset by operational challenges. The company's Board of Directors approved these results during their meeting held on February 9, 2026, in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Financial Performance Overview

The company demonstrated strong revenue growth across both quarterly and nine-month periods, though profitability remained under pressure due to increased operational costs and exceptional items.

Segment-wise Revenue Performance

Both business segments contributed to the overall revenue growth, with cement operations maintaining its position as the primary revenue driver.

Cost Structure and Operational Challenges

The company faced significant cost pressures across multiple expense categories, which impacted overall profitability despite revenue growth.

Total expenses for Q3FY26 reached ₹42,353.99 lakhs compared to ₹38,412.95 lakhs in the corresponding quarter of the previous year, representing a 10.26% increase.

Exceptional Items Impact

The company's results were significantly affected by exceptional items, particularly the implementation of new Labour Codes by the Government of India.

The Ministry of Labour & Employment notified the implementation of four Labour Codes with effect from November 21, 2025, including the Code on Wages 2019, Industrial Relations Code 2020, Code on Social Security 2020, and Occupational Safety, Health and Working Conditions Code 2020.

Regulatory Compliance and Board Approval

The unaudited financial results were submitted in accordance with Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The Board meeting commenced at 5.00 p.m. and concluded at 7.05 p.m. on February 9, 2026. Independent auditor Manubhai & Shah LLP conducted the limited review of both standalone and consolidated financial results.

Earnings Per Share and Capital Structure

The company's earnings per share reflected the challenging operational environment, with basic and diluted EPS standing at ₹(0.93) for Q3FY26 compared to ₹(0.40) in Q3FY25. The paid-up equity share capital remained stable at ₹11,125.32 lakhs with a face value of ₹10 per share.

Segment Profitability Analysis

Segment-wise results revealed mixed performance, with the cement segment showing improvement while the paints division continued to face challenges.

The consolidated results include the performance of Agrima Consultants International Limited, a wholly owned subsidiary, which contributed revenues of ₹14.66 lakhs and ₹43.48 lakhs for the quarter and nine months respectively.

Saurashtra Cement Limited has announced that its Board of Directors will convene on February 9, 2026, to review and consider the company's unaudited financial results for the third quarter and nine months ended December 2025. The meeting has been scheduled in accordance with Regulation 29 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The company has formally notified both the Bombay Stock Exchange (BSE) and National Stock Exchange of India Limited (NSE) about the upcoming board meeting through an official communication dated January 28, 2026.

Trading Window Closure

In compliance with regulatory requirements, Saurashtra Cement Limited has implemented a trading window closure for its securities. The company had previously informed the exchanges on December 29, 2025, about the trading window restrictions.

Regulatory Compliance

The announcement demonstrates the company's adherence to mandatory disclosure requirements under SEBI regulations. The communication was signed by Sonali Sanas, Chief Legal Officer, CS & Strategy, and digitally authenticated on January 28, 2026. The company operates from its registered office and works located near Railway Station, Ranavav 360 550, Gujarat, India, and is part of The Mehta Group.

Stock Exchange Information

Saurashtra Cement Limited's shares are listed on both major Indian stock exchanges, with the company maintaining regular communication with market regulators to ensure transparency and compliance with listing obligations.