Financial Highlights for First Quarter
Shivam Cements Limited (SHIVM) has published its unaudited financial statements for the first quarter of the current fiscal year, showing a substantial increase in profit compared to the same period last year.
The company recorded a net profit of NPR 20.96 crore during the first quarter, compared to NPR 1.27 crore in the same period of the previous fiscal year, marking a remarkable 1,538.16% growth in net profit.
Revenue and Other Income
During the review period:
- Sales revenue increased by 9.03%.
- Total profit rose by 215.07%.
- Other income slightly declined by 1.97%.
Earnings Per Share and Net Worth
The company’s earnings per share (EPS) increased significantly from NPR 14.35 to NPR 15.37. As of the end of Asoj, the net worth per share stood at NPR 192.18, with a price-to-earnings (P/E) ratio of 36.42.
Capital and Reserves
Shivam Cements has a paid-up capital of NPR 5.45 billion, with reserves amounting to NPR 5.03 billion.
The strong growth in profit and EPS highlights Shivam Cements’ robust performance and operational efficiency during the first quarter of the current fiscal year.