Mangalam Cement Limited — Board Meeting, 08-08-2025: Outcome of Board Meeting
08-08-2025 | 02:32 pm
08-08-2025 | 02:32 pm
Mangalam Cement has announced its financial results for the quarter ended June 30, 2025. The company posted a net profit of ₹32.26 crore on revenue of ₹451.74 crore, with earnings per share at ₹11.73.
Separately, the board revealed a significant development: A USD 5.4 million payment for 55,000 MT of petroleum coke made in July 2024, but the cargo was never delivered. The company has filed an insurance claim of USD 5.37 million and is actively pursuing legal remedies against various parties to recover the funds.
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