Sanghi Industries Q1FY24 Results: Consolidated Loss of Rs. 189.43 Cr

Sanghi Industries Q1FY24 Results: Consolidated Loss of Rs. 189.43 Cr

Sanghi Industries Q1 results show revenue fell from 227.01 crores to 170.20 crores, a -25.03% decrease in growth. EPS rise from ₹-4.14 to ₹-7.33, up by 77.05%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Sanghi Industries shared its Q1 results on Monday. They earned 170.20 crores in revenue this quarter, but that’s less than the 227.01 crores they made last quarter. Unfortunately, the company’s growth decreased by -25.03 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was -189.43 crores, up from -104.56 crores in the previous quarter. Their quarter-to-quarter growth increased by 81.17 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹-7.33, which is an increase of 77.05% from the ₹-4.14 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 170.20 crores this year (2023), which is -50.65 percent lower than last year’s total revenue of 344.85 crores.

This year’s PAT (Profit After Tax) is -189.43 crores, which is also 476.30% higher than last year’s PAT of -32.87 crores.

The EPS (Earnings Per Share) for this year is ₹-7.33, which is 459.54% more than the EPS of ₹-1.31 earned last year.

Sanghi Industries Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Sanghi Industries:

Sanghi Industries Limited stands as a prominent cement manufacturer in Western India. Renowned for their production of high-quality cement, they offer effective building solutions catering to both individual home builders and professionals in the construction industry.

Download the Full PDF of Sanghi Industries Q1 Results: Click Here

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