Shivam Cement’s Profit Falls 1.72% as Sales Revenue Drops
Summary
Shivam Cements Limited reported a net profit of Rs. 78.44 crore in the fourth quarter of fiscal year 2082/83, down 1.72% from a year earlier. Revenue from operations fell 10.87% to Rs. 6.92 arba, while EPS slipped to Rs. 14.03.
Key Points
- Shivam Cements Limited posted a net profit of Rs. 78.44 crore in Q4 of fiscal year 2082/83, marking a 1.72% decline year on year.
- Revenue from operations dropped 10.87% to Rs. 6.92 arba and total expenses also fell 13.25%.
- Earnings per share declined to Rs. 14.03 from Rs. 14.63, while net worth per share stayed nearly unchanged at Rs. 188.76.
- SHIVM shares ended the quarter at Rs. 621 with a P/E ratio of 44.28 times.
