Shiva Cement Narrows Net Loss to 286.3M Rupees in Q4, Revenue Climbs to 1.21B Rupees 9 days ago
Shiva Cement's Q4 standalone results showed a net loss of 286.3M rupees, significantly reduced from a loss of 532.2M rupees in the same quarter of the previous year. Revenue grew to 1.21B rupees from 1.06B rupees year-on-year, reflecting stronger top-line performance. The results highlight an improvement across both key financial metrics on a year-on-year basis.
Shiva Cement Receives Approval to Shift Registered Office from Odisha to Maharashtra
Shiva Cement Limited has received regulatory approval from the Regional Director to shift its registered office from Odisha to Maharashtra, completing a strategic relocation announced earlier. The company reported mixed Q1 financial results with significant 941% revenue growth to ₹1,006.00 crore but wider net losses of ₹303.00 crore, reflecting expansion challenges in the cement sector.
Shiva Cement Limited, a JSW Group subsidiary, reported a substantial decline in Q4 FY2025 financial performance. Revenue dropped 26.42% to 106.34 crore rupees, EBITDA turned negative at -3.35 crore rupees, and net loss widened to 53.22 crore rupees. Annual performance also declined with increased net loss. The company announced management changes, with Mr. Ratan Kumar Das replacing Mr. Prasant Pradhan as Senior Managerial Personnel. Despite challenges, a recent rights issue improved the company's net worth, and management remains optimistic about future performance improvements.