Sagar Cements Acquisition
Sagar Cements received BSE and NSE observation letters, with no adverse observations, on the scheme of amalgamation of Andhra Cements into Sagar Cements. The scheme still needs NCLT approval.
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Sagar Cements received BSE and NSE observation letters, with no adverse observations, on the scheme of amalgamation of Andhra Cements into Sagar Cements. The scheme still needs NCLT approval.
Q2 FY27 volume rose 26% and revenue 17% YoY, with net profit at ₹52 Cr. Fuel costs and plant shutdowns squeezed margins. Management guides H2 recovery and FY27 AITA of ₹350–375 Cr, below the prior ₹410 Cr.
Q2 FY27 revenue ₹705 Cr (+17% YoY), EBITDA ₹45 Cr (-12%), net loss ₹52 Cr. Volume +26%, margin pressure from costs and soft prices.
Sagar Cements reported a Q2 standalone net loss of Rs.2,058 lakh. The unaudited results were approved by the board on 30 October 2026.
Sagar Cements Limited will hold a board meeting on October 30, 2026, to consider the company's standalone and consolidated financial results for the quarter ended September 30, 2026.
Sagar Cements Ltd submitted its quarterly shareholding pattern for the quarter ended September 30, 2026, as required under SEBI Regulation 31(1)(b).
Sagar Cements' subsidiary, Andhra Cements Limited, successfully commissioned its expanded cement grinding capacity at the Sri Durga Cement Works plant in Andhra Pradesh.