Shiva Cement Ltd

Shiva Cement Q1 FY25 Results: Net Loss of ₹30.28 Crores 📉

• Net loss of ₹3,027.55 lakhs for quarter ended June 30, 2025

• Accumulated losses stand at ₹46,417.74 lakhs as of June 30, 2025

• Revenue from operations: ₹10,560.79 lakhs (slight decrease from previous quarter's ₹10,633.98 lakhs)

• Total expenses: ₹14,776.51 lakhs

• Major cost components: Power and fuel (₹3,635.49 lakhs), Finance costs (₹3,029.69 lakhs)

• Registered office relocation from Odisha to Maharashtra approved (subject to approvals)

• Ongoing legal matter regarding grinding unit establishment with Bhushan Power and Steel

• Financial statements prepared on going concern basis with management optimism for future improvement