Sri Chakra Cement Reports Narrower Loss of Rs 800.88 Lakhs in Q2 FY26

Sri Chakra Cement Limited , a prominent player in the cement industry, has reported its financial results for the second quarter of the fiscal year 2025-26. The company's performance shows signs of improvement, albeit still in the red.

Financial Highlights

Net Loss: Rs 800.88 lakhs for Q2 FY26
Previous Quarter Loss: Rs 1,608.48 lakhs
Total Revenue: Rs 3,539.32 lakhs

Quarterly Performance

The cement manufacturer has managed to significantly reduce its losses compared to the previous quarter. The net loss for Q2 FY26 stood at Rs 800.88 lakhs, marking a substantial improvement from the Rs 1,608.48 lakhs loss reported in the same quarter of the previous fiscal year (Q2 FY25).

Revenue and Operations

Sri Chakra Cement's total revenue for the quarter reached Rs 3,539.32 lakhs, which includes Rs 3,445.50 lakhs from net sales and Rs 93.82 lakhs from other income. This figure reflects a significant increase from Rs 2,269.01 lakhs in Q2 FY25.

Board Approval and Reporting

The company's Board of Directors approved the unaudited quarterly results on November 14, 2025. This approval is in line with regulatory requirements and demonstrates the company's commitment to timely financial reporting.

Detailed Financial Analysis

A closer look at the financial statements reveals more insights into the company's performance:

Particulars (in Rs. lakhs)	Q2 FY26	Q1 FY26	Q2 FY25
Net Sales	3445.50	3731.96	2210.00
Other Income	93.82	57.91	59.01
Total Income	3539.32	3789.87	2269.01
Total Expenses	4073.92	4492.82	3919.39
Profit/(Loss) before tax	(534.60)	(702.95)	(1650.38)
Net Profit/(Loss)	(800.88)	(670.45)	(1608.48)

Key Observations

Revenue Growth: The company has shown a significant year-over-year increase in net sales, rising from Rs 2,210.00 lakhs in Q2 FY25 to Rs 3,445.50 lakhs in Q2 FY26, representing a growth of about 55.90%.
Expense Management: Total expenses have increased compared to the same quarter last year but have decreased sequentially from Rs 4,492.82 lakhs in Q1 FY26 to Rs 4,073.92 lakhs in Q2 FY26.
Narrowing Losses: The company has managed to substantially reduce its losses on a year-over-year basis, from Rs 1,608.48 lakhs in Q2 FY25 to Rs 800.88 lakhs in Q2 FY26, suggesting improving operational efficiency.
Other Income: There has been a notable increase in other income, from Rs 59.01 lakhs in Q2 FY25 to Rs 93.82 lakhs in Q2 FY26, which has contributed to the overall reduction in net loss.

While Sri Chakra Cement continues to face challenges, the narrowing losses and increased revenue compared to the previous year indicate potential signs of recovery. The company's ability to manage expenses while growing its top line will be crucial for its path towards profitability in the coming quarters.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.92%	-5.24%	-21.01%	+119.44%	+1,845.71%	+1,845.71%

Sri Chakra Cement Limited has announced the appointment of Sri Siva Kumar Ramaswami as a Non-Executive Independent Director, effective June 1, 2025. The appointment, approved by company members on August 25, 2025, is for a five-year term, highlighting the company's commitment to strengthening its board with experienced professionals.

Appointment Details

Ramaswami, identified by his Director Identification Number (DIN) 01791576, brings a wealth of experience to Sri Chakra Cement. His appointment was formalized at the company's 43rd Annual General Meeting, where shareholders voted overwhelmingly in favor of the resolution, with 98.20% of votes cast supporting his appointment.

Professional Background

Sri Siva Kumar Ramaswami's impressive credentials include:

Educational Qualifications: M.Tech, MBA, and a Post Graduate Diploma in Law from NALSAR
Experience: Over four decades in various positions, specializing in production, marketing, and corporate affairs management

Board Independence

The company has confirmed that Ramaswami has no relationships with other directors on the board, reinforcing his independence. Additionally, he currently holds no directorships in other companies and has no committee memberships, which allows him to dedicate his full attention to his role at Sri Chakra Cement.

Other AGM Proceedings

The 43rd Annual General Meeting, held on August 25, 2025, also saw the approval of several other key resolutions:

Adoption of the Financial Statements and Board Report for the financial year ended March 31, 2025
Re-appointment of Smt. Venkata Naga Lalitha Kapilavai (DIN: 02223430) as a director liable to retire by rotation
Appointment of M/s. Puttaparthi Jagannatham & Co as Secretarial Auditors for a five-year term from FY 2025-26 to FY 2029-30
Ratification of M/s Naval & Associates as Cost Auditors for the year 2025-2026

Company Leadership

The AGM was attended by key company officials, including:

Sri Vijay Kumar Kapilavai - Chairman of the meeting & Managing Director
Sri Sriram Kapilavai - Whole Time Director
Sri Vijayulu Reddy Kaliki - Independent Director
Sri Ramamoorthy Puthalapattu - Independent Director
Sri Gopal Nemani - Independent Director

The appointment of Sri Siva Kumar Ramaswami as an Independent Director is expected to bring fresh perspectives and valuable insights to Sri Chakra Cement Limited's board, potentially contributing to the company's strategic direction and governance.