Saurashtra Cement Reports Strong Q1 Performance with 51% Jump in EBITDA
Saurashtra Cement Limited reported impressive Q1 FY24 results. EBITDA increased by 51% to ₹347 million, with EBITDA margin improving to 8.20%. Net profit surged 71% to ₹168 million, while revenue grew 8.8% to ₹4,200 million. The company also announced a planned 20-day shutdown of its Ranavav Plant kiln for annual maintenance starting July 25, with cement dispatches continuing during this period.
22May 25
Saurashtra Cement Reports Improved Q4 EBITDA and Net Profit
Saurashtra Cement's Q4 results show improved profitability despite a slight revenue decline. EBITDA increased to ₹538.00 crore from ₹449.00 crore year-over-year, with EBITDA margin expanding to 11.25% from 9.03%. Net profit rose to ₹331.00 crore from ₹317.00 crore, marking a recovery from the previous quarter's loss. Revenue slightly decreased to ₹4.78 billion from ₹4.97 billion year-over-year.