Sri Chakra Cement Reports Narrowed Loss in Q1 Amid Revenue Growth
Sri Chakra Cement Limited's Q1 financial results show improvement with revenue increasing by 14.93% to Rs 3,731.96 crore. The company's loss after tax narrowed by 27.06% to Rs 670.45 crore compared to the same quarter last year. Total income grew by 13.43% to Rs 3,789.87 crore, while expenses increased by 5.89%. The basic and diluted EPS improved to negative Rs 7.81 from negative Rs 10.02 year-over-year. The company continues to focus solely on the cement segment and maintains no outstanding defaults on loans or debt securities.