ALPHA TRIBE

Sri Chakra Cement LtdOthers, 31-07-2025: Others

31-07-2025 | 05:07 pm

Sri Chakra Cement announced its AGM on August 25 to approve FY25 results and board appointments. The company faced a challenging year with revenue dropping to ₹107.49 Cr and a significant net loss of ₹58.21 Cr, impacted by slowing cement demand and intense competition. Earnings per share also declined. To counter rising costs, the company invested ₹30 Cr in a 5 MW solar plant for captive power generation. Key governance updates include the support for a new Independent Director.

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