Corporate Actions
Shiva Cement records loss of Rs 28 crore in Q4 FY26

05-May-26   12:14 Hrs IST

Net sales for the period under review were Rs 121.36 crore, up 14.1% YoY.

Total operating expenditure rose by 1% to Rs 110.79 crore in Q4 FY26 over Q4 FY25.

The company registered a pre-tax loss of Rs 33.66 crore in Q4 FY26. It had recorded a pre-tax loss of Rs 41.85 crore in the same period last year.

For FY26, Shiva Cement has registered a net loss of Rs 123.67 crore on sales of Rs 435.17 crore. The company had registered a net loss and sales of Rs 142.48 crore and Rs 311.17 crore in FY25, respectively.

Shiva Cement manufactures Portland Slag Cement (PSC) and Portland Pozzolana Cement (PPC), which is sold under 'Mahabal' brand. The company was acquired by JSW Cement in fiscal 2017 and became its subsidiary thereon. As on December 31, 2023, SCL has clinker capacity of 1.3 MTPA and waste heat recovery (WHR) plant of 9 MW.

The scrip fell 2.52% to currently trade at Rs 19.70 on the BSE.

Powered by Capital Market - Live News

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.