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Star Cement has issued a clarification to the National Stock Exchange (NSE) regarding its approach to financial reporting. The company has confirmed that it discontinued the practice of presenting its financial results with separate segment reporting, a change implemented from the quarter ended June 30, 2023, which is effectively Q1 FY24.
This adjustment in reporting methodology is a direct consequence of Star Cement's concentrated business operations. The company's core activity is predominantly centered on cement and related products. Due to this singular focus and the nature of its business, Star Cement no longer meets the specific criteria that mandate separate segment disclosures under the prevailing accounting standards. This clarification addresses a recent query from the exchange and aligns with previous communications from the company on similar matters in September 2024 and March 2025. For investors, this move simplifies Star Cement's financial presentation, clearly reflecting its specialized and focused operational profile within the industry.