Mangalam Cement Limited — Board Meeting, 08-08-2025: Outcome of Board Meeting
08-08-2025 | 02:25 pm
08-08-2025 | 02:25 pm
Mangalam Cement's board has approved the financial results for the quarter ended June 30, 2025. The company reported a revenue of Rs 451.74 crore and a net profit of Rs 32.26 crore, with an EPS of Rs 11.73.
In a key operational update, the board noted a material event regarding the non-delivery of 55,000 MT of petroleum coke. Mangalam Cement had paid approximately USD 5.39 million for this cargo. The company has lodged an insurance claim of around USD 5.37 million and is also pursuing legal action against the carrier and other parties involved to recover the amount.
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