SAGAR CEMENTS LTD.-$ - 502090 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the captioned Regulation, we wish to inform you that we will be participating in the Analysts and Investors meet through virtual conference organized by M/s.Nirmal Bang Institutional Equities on today i.e., 19th August, 2022 Sagar Cements to file resolutionplan for acquiring Andhra Cements before Aug 18
Hopes to get necessary clearances by Oct SAGAR CEMENTS LTD.-$ - 502090 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the captioned Regulation, we wish to inform you that we. will be participating in the Analysts and Investors meet through virtual conference organized by M/s.Anand Rathi Shares and Stock Brokers Limited on today i.e., 27th July, 2022. SAGAR CEMENTS LTD.-$ - 502090 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Pursuant to the above said Regulation, we are forwarding herewith the transcription of the Conference Call held by us on 21st July, 2022 in connection with the recently announced un-audited stand-alone and consolidated financial results for the first quarter ended 30th June, 2022. SAGAR CEMENTS LTD.-$ - 502090 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Further to our letter dated 20th July, 2022, we provide hereunder the link for the call recorded today at the meeting of the analysts in respect of our un-audited standalone and consolidated financial results for the first quarter ended 30th June, 2022. Q1FY23 Quarterly Result Announced for Sagar Cements Ltd.
Sagar Cements Announced Q1FY23 Result : Revenue increased by 42% YoY and volume increased by 35% for Q1 FY23. Plants operated around 57% during the current quarter. Operating EBITDA of Rs 6,103 lakhs for Q1 FY23 as against Rs 10,711 lakhs during Q1FY22. Operating EBITDA of Rs 514 per ton during Q1 FY23. EBITDA margin declined by 1,600 bps to 11% for Q1 FY23 (v/s Q1 FY22). (Loss)/ Profit after tax stood at Rs. (1,310) lakhs for Q1 FY23 v/s PAT of Rs 4,858 lakhs during Q1 FY22. 18% YoY increase in volumes during Q1 FY23. Op. EBITDA of Rs 6,863 lakhs during Q1 FY23 lower by 36% on a YoY basis. Op. EBITDA of Rs 659 per ton during Q1 FY23 lower by 46% on a YoY basis. Commenting on the performance, Mr. Sreekanth Reddy, Jt. Managing Director of the Company said, “We have expectedly had a soft start to the fiscal given the challenges surrounding inflationary environment. Volumes growth is high at 35% consequent to the commencement of our operations at Jajpur and Jeerabad. However overall realisations remained steady amidst a benign demand scenario. Besides elevated input prices, challenges surrounding heat wave and labour availability weighed in on demand. Higher volume growth was in part owing to the commissioning of new facilities and also owing to low base effect. Operational profitability and margins for the quarter remained under pressure owing to higher input prices. We have seen a material surge across commodity prices over the past few months, resulting in a significant increase in the cost of manufacturing and distribution. While we did undertake some price revisions, benign demand environment restricted our ability to implement requisite price hikes leading to lower profitability during the quarter. Input prices though have started to cool off from their recent highs and we are hopeful that the trend will continue which should aid our profitability going forward. Going ahead, we believe our diversified geographic presence, improved product mix, cost rationalization measures and plans towards scaling up the business inorganically, positions us well to deliver consistent performance and create value for our shareholders.” Result PDF SAGAR CEMENTS LTD.-$ - 502090 - Regulation 33 Of SEBI (LODR) Regulations 2015 - Furnishing Of Un-Audited Standalone And Consolidated Financial Results For The First Quarter Ended 30Th June, 2022
Further to our letter dated 8th July, 2022, we are pleased to forward herewith our unaudited stand-alone and consolidated financial results for the first quarter ended 30th June, 2022, which were taken on record and approved by our Board at their meeting held on today, after review by the Audit Committee. We are also forwarding herewith the Limited Review Report furnished by our Statutory Auditors on the above financial results, which was also taken on record by our Board at the said meeting. SAGAR CEMENTS LTD.-$ - 502090 - Press Release Regarding Un-Audited Financial Results (Standalone And Consolidated) For The First Quarter Ended June 30, 2022
Further to our letter of date, we are sending herewith ..a copy of the Press Release being issued by us in connection with the un-audited financial results for the first quarter ended 30th June 2022. SAGAR CEMENTS LTD.-$ - 502090 - Outcome Of The Board Meeting Under Regulation 30 Part A Of Schedule Ill And Other Applicable Provision Of SEBI (LODR) Regulations 2015
We wish to inform you that our Board of Directors at their meeting held on today has approved of a proposal to submit a Resolution Plan in respect of the Corporate Insolvency Resolution Process initiated by the Hyderabad Bench of National Company Law Tribunal on an application filed in respect of Andhra Cements Limited, a "Corporate Debtor". SAGAR CEMENTS LTD.-$ - 502090 - Announcement under Regulation 30 (LODR)-Change in Directorate
Appointment of Independent Director - Intimation under Regulation 30 of SEBI (LODR) Regulations 2015