Star Cement Limited has reported its financial results for the second quarter and half year ended September 30, 2025, showing significant growth in revenue and profit. The company's Board has also approved a substantial fundraising plan.

Financial Highlights

Strong Financial Performance

Star Cement has delivered robust quarterly results, with its consolidated revenue from operations reaching ₹728.32 crore in Q2 FY2026, up from ₹591.59 crore in the same quarter of the previous year. This represents a significant year-over-year growth of 23.11%.

Profit Growth

The company's net profit after tax also showed substantial improvement, increasing to ₹30.50 crore compared to ₹22.29 crore in the corresponding period last year, marking a 36.83% year-over-year growth.

Half-Year Performance

For the half year ended September 30, 2025, Star Cement's consolidated revenue reached ₹1,399.81 crore, up from ₹1,172.20 crore in the previous year, showing continued growth momentum.

Fundraising Plan

In a significant development, the Board of Star Cement decided on October 14, 2025, to raise funds up to ₹1,500 crore. This fundraising may be conducted through various modes including:

• Private placement
• Preferential issue
• Rights issue
• Qualified institutional placement

Shareholder Approval Process

The company is seeking shareholder approval for the fundraising plan through a postal ballot with e-voting. The voting process:

• Commenced on October 19, 2025
• Will conclude on November 17, 2025

Company Operations

Star Cement primarily operates in the cement manufacturing sector and is engaged in the sales of cement-related products.

Conclusion

The substantial growth in revenue and profit, coupled with the ambitious fundraising plan, indicates a period of expansion and strong performance for Star Cement. These results reflect the company's operational efficiency and potentially favorable market conditions in the cement sector during the period under review.

Star Cement Limited , a prominent player in the Indian cement industry, has announced a significant move to raise funds up to ₹1,500 crore. The company is seeking shareholder approval through a postal ballot for this strategic financial initiative.

Key Details of the Fund Raising Plan

• Maximum Fund Size: Up to ₹1,500 crore
• Approval Method: Postal ballot through remote e-voting
• E-voting Period: October 19, 2025 to November 17, 2025
• Results Declaration: By November 19, 2025

Proposed Methods of Fund Raising

Star Cement plans to raise funds through various means, including:

1. Issuance of equity shares
2. Convertible instruments
3. Debentures
4. Depository receipts

The company may utilize multiple methods such as public offerings, private placements, rights offerings, or qualified institutional placements (QIP).

Intended Use of Funds

The raised capital is earmarked for several strategic purposes:

• Organic and inorganic growth opportunities
• Investments in subsidiaries
• Debt repayment
• Working capital requirements
• Capital expenditure
• General corporate purposes

Voting Process and Timeline

Shareholders are encouraged to participate in the e-voting process to voice their decision on this significant financial move. The company has emphasized that the e-voting facility will be disabled by NSDL immediately after the voting period ends.

Board Approval and Next Steps

The fund-raising proposal was approved by Star Cement's Board of Directors at a meeting held on October 14, 2025. The success of this initiative now rests on shareholder approval through the postal ballot.

This move by Star Cement indicates the company's proactive approach to securing funds for future growth and operational needs. Shareholders and market observers will be keenly watching the outcome of this postal ballot, as it could significantly impact the company's financial strategy and future expansion plans.