ALPHA TRIBE

Hemadri Cements LtdResults, 03-05-2025: Integrated Filing

03-05-2025 | 02:21 pm

Hemadri Cements Limited has announced a board meeting on 3rd May 2025 to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported a net loss of Rs. 27.06 Cr for the year, widening from Rs. 10.93 Cr loss the previous year, with revenues declining due to suspension of manufacturing in August 2024 amid adverse market conditions and rising production costs. Net worth has been fully eroded, but management views the suspension as temporary and is exploring cost optimization and capacity expansion with consultant support. Borrowings from group companies increased to Rs. 19.28 Cr to support operations. The audit report is unmodified, and financial statements are prepared on a going concern basis.

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