Sagar Cements Limited — Others, 06-06-2025: Shareholders meeting

Sagar Cements has announced a board meeting to consider the financial results for the quarter and half-year. The company’s consolidated revenue declined 10% to ₹2,257.64 Cr, with EBITDA down 43% to ₹141.09 Cr and a loss after tax of ₹216.68 Cr. Cement production remained steady at 5.51 million tonnes, with 54% capacity utilization. The board supports re-appointing key directors and appointing new statutory auditors for five years. It approved a corporate guarantee and extension of share pledge worth ₹315 Cr for its subsidiary Andhra Cements. The company is focused on capacity expansion, operational efficiency, and achieving net-zero emissions by 2050. No dividend is proposed due to losses. Audit concerns on revenue recognition have been addressed through strengthened internal controls.