Sanghi Industries Reports ₹75.40 Crore Loss in Q1, Receives ₹40 Crore Indemnity Payment
Sanghi Industries Limited reported a net loss of ₹75.40 crore for Q1 ending June 30, an improvement from ₹88.82 crore loss in the previous year. Revenue from operations increased to ₹245.38 crore, up 10% year-on-year. An exceptional income of ₹40 crore from indemnity reimbursement boosted the bottom line. The company faces ongoing litigation regarding electricity duty exemptions. Progress on the merger with Ambuja Cements was noted, with no-objection certificates received from stock exchanges.
28Apr 25
Sanghi Industries: Q4 Loss Widens Despite Revenue Growth
Sanghi Industries Limited reported a 17.65% increase in revenue to ₹335.20 crore for Q4 FY2025. However, the company's net loss widened to ₹117.00 crore from ₹19.00 crore year-over-year. EBITDA declined by 38.16% to ₹36.30 crore, with the EBITDA margin dropping to 10.83% from 20.60%. The mixed performance is attributed to higher input costs and competitive pressures in the cement industry. The company is currently undergoing an acquisition process by Ambuja Cements.