Sagar Cements Limited — Updates, 23-10-2024: Press Release

Sagar Cements reported a 19% decrease in total revenue year-over-year for Q2 FY25, resulting in a loss after tax of ₹5,698 lakhs. Sales volume dropped by 12%, with an EBITDA margin contracting to 4%. Despite subdued demand and competitive pressure, the company plans to enhance green power capacities and operational efficiencies. Capex for expanding the Dachepalli plant is set at ₹470 Crores, with optimism for improved profitability in the future.