Categories AlphaGraphs, Earnings, Realty

Sanghi Industries Ltd Q1FY24; 51% fall in Revenue

Sanghi Industries Limited is engaged in the manufacturing and marketing of cement and cement products in domestic and export markets. The Company’s manufacturing facilities are at Sanghipuram, Gujarat. The company sells in Gujarat, Rajasthan, Maharashtra and Kerala and International Markets of the Middle East, Africa and the Indian subcontinent. It also sells Ready Mix Concrete in Ahmedabad and Rajkot markets.

Financial Results:

Sanghi Industries Ltd reported Revenues for Q1FY24 of ₹167.00 Crores down from ₹339.00 Crore year on year, a fall of 50.74%.

Total Expenses for Q1FY24 of ₹360.00 Crores down from ₹389.00 Crores year on year, a fall of 7.46%.

Consolidated Net Profit of -₹189.00 Crores from -₹33.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹7.33, from -₹1.31 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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