Shivam Cements Limited has published its unaudited financial report for the third quarter of the current fiscal year, reporting a significant increase in net profit compared to the same period last year.

Net Profit Nearly Doubles

As of the end of Chaitra in the current fiscal year, the company posted a net profit of Rs. 40.05 Crores, marking a strong growth of 96.08% year-on-year.

During the corresponding period of the previous fiscal year, the company had earned a net profit of Rs. 20.42 Crores.

Profit Growth Despite Lower Revenue

Although the company’s operating revenue declined during the review period, effective cost management helped improve overall profitability.

According to the report:

• Operating revenue decreased by 10.01%.
• Gross profit increased by 31.43%.
• Other income declined by 27.10%.
• Other expenses decreased by 7.80%.

The reduction in expenses and improved operational efficiency contributed significantly to the rise in net earnings.

Earnings Per Share and Financial Indicators

With the growth in profit, the company’s earnings per share (EPS) also improved.

During the review period:

• EPS increased by Rs. 4.37 to reach Rs. 9.79.
• Net worth per share stood at Rs. 181.10.
• Price-to-Earnings (P/E) ratio was recorded at 53.23 times as of the end of Chaitra.

Strong Reserve Position

Shivam Cements Limited currently has:

• Paid-up capital of Rs. 5.45 Arba
• Reserve funds totaling Rs. 4.42 Arba

The company’s strong reserve base and improved profitability indicate a healthier financial position despite challenges in the construction and cement sector.

Overall Outlook

The latest quarterly performance suggests that Shivam Cements Limited has successfully improved operational efficiency and managed costs effectively amid slowing market demand. While revenue pressure remains a concern, the sharp rise in net profit reflects stronger financial discipline and better margin management during the fiscal year.