Sunday, March 16, 2025 | 12:33 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Sagar Cements surges 8%, hits 52-week high on robust Q2 results

The management said volumes and prices are gradually improving on the back of good demand

cement
Premium

SI Reporter Mumbai
Shares of Sagar Cements rallied 8 per cent and hit a 52-week high of Rs 740 on the BSE on Thursday after the company’s consolidated net profit jumped 10-fold at Rs 50.17 crore in the September quarter (Q2FY21). It had reported a profit of Rs 4.92 crore in the year-ago quarter.

Revenue from operations grew 23 per cent year on year (YoY) at Rs 326 crore against Rs 265 crore in the corresponding quarter of previous fiscal. The revenue growth was led by 20.8 per cent YoY increase in realisations and 1.7 per cent YoY growth in volumes. Ebitda

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in