Saurashtra Cement Announces 68th AGM on Sep 23, 2026; FY26 Net Profit ₹14.42 Crore
Saurashtra Cement will hold its 68th AGM on September 23, 2026. For FY26, net profit rose to ₹14.42 crore from ₹6.98 crore in FY25. Revenue increased to ₹1,666.04 crore. Operating profit grew 16% to ₹71.09 crore. No dividend was recommended for FY26.
The announcement includes the Annual General Meeting date and detailed financial results for the fiscal year, which are important for investors and stakeholders. The profit growth and revenue increase suggest a positive business outlook.
The company reported a significant increase in net profit and revenue for the financial year, along with an improvement in operating profit, indicating positive financial performance.
Saurashtra Cement Limited has announced that its 68th Annual General Meeting (AGM) will be held on Wednesday, September 23, 2026, at 4:00 PM IST, through Video Conference (VC) and Other Audio-Visual Means (OAVM). The company has also released its Annual Report for the Financial Year 2025-26, along with the Notice of the 68th AGM. The Annual Report is available on the company's website. For the financial year ended March 31, 2026, Saurashtra Cement reported a standalone and consolidated net profit of ₹14.42 crore (1442 lakhs), a significant increase from ₹6.98 crore (698 lakhs) in the previous year. Revenue from operations for FY26 stood at ₹1,666.04 crore (1,66,603.87 lakhs), up from ₹1,537.62 crore (1,53,762.39 lakhs) in FY25. The company's operating profit (EBITDA) also improved by 16% to ₹71.09 crore (7,108.92 lakhs) in FY26, attributed to lower energy costs. The cement division saw an 8% revenue increase due to higher sales volumes, despite lower price realizations, following the modernization of its cement grinding project. The paints division's revenue grew by approximately 12%. The company did not recommend any dividend for FY26 due to inadequate profit. The paid-up equity share capital increased to ₹111.29 crore (11,128.73 lakhs) due to the allotment of 50,326 equity shares under the ESOS 2017 scheme.
A plain-language summary of a public exchange filing by Saurashtra Cement Limited. Read the original for the full detail.