Andhra Cements Limited — Important, 06-06-2025: Updates
06-06-2025 | 09:55 pm
06-06-2025 | 09:55 pm
Andhra Cements reported a wider loss of Rs. 152 Cr in FY25 on flat revenue of Rs. 274 Cr. Debt rose sharply to Rs. 757 Cr, pushing gearing to 5.09x, while equity fell to Rs. 145 Cr. Operations have restarted after the resolution plan, with a Rs. 474 Cr modernization and capacity expansion project underway (3 MTPA grinding, 2.3 MTPA clinker). Fundraising via rights issue is delayed due to market conditions. The company plans to shift its registered office to Telangana for operational ease.
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