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Shiva Cement Limited has announced a board meeting on April 28 to consider the financial results for the quarter and half-year. The company reported a net loss of ₹142.48 Cr for the year ended March 31, 2025, widening from ₹68.32 Cr loss in the previous year, despite revenue from operations of ₹311.17 Cr. The accumulated loss stands at ₹433.87 Cr, but the company’s net worth turned positive following a ₹400 Cr rights issue, which the management expects will support improved operational performance and financial health. The auditor’s report carries an unmodified opinion but highlights a material uncertainty related to the company’s going concern status, relying on future business plans and plant performance.