Shiva Cement Reports Rs 28 Crore Loss in Q4 FY26 Amid Revenue Growth
Shiva Cement records loss of Rs 28 crore in Q4 FY26
Business Standard
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Shiva Cement has reported a net loss of ₹28.44 crore in Q4 FY26, an improvement from a loss of ₹53.22 crore in Q4 FY25. Despite a 14.1% year-on-year increase in net sales to ₹121.36 crore, total operating expenses rose, impacting profitability.
- 01Shiva Cement's net loss decreased to ₹28.44 crore in Q4 FY26 from ₹53.22 crore in Q4 FY25.
- 02Net sales rose by 14.1% year-on-year to ₹121.36 crore.
- 03Total operating expenditure increased by 1% to ₹110.79 crore.
- 04For FY26, the company reported a net loss of ₹123.67 crore on sales of ₹435.17 crore.
- 05Shiva Cement is a subsidiary of JSW Cement, specializing in Portland Slag Cement and Portland Pozzolana Cement.
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Shiva Cement, a subsidiary of JSW Cement, reported a net loss of ₹28.44 crore in the fourth quarter of FY26, a notable improvement from the ₹53.22 crore loss recorded in the same quarter of FY25. The company's net sales increased by 14.1% year-on-year, reaching ₹121.36 crore. However, total operating expenditure also rose by 1% to ₹110.79 crore, which contributed to the ongoing losses. For the entire fiscal year 2026, Shiva Cement reported a net loss of ₹123.67 crore on total sales of ₹435.17 crore, compared to a loss of ₹142.48 crore on sales of ₹311.17 crore in FY25. The company manufactures Portland Slag Cement and Portland Pozzolana Cement under the Mahabal brand and has a clinker capacity of 1.3 million tonnes per annum (MTPA) along with a 9 MW waste heat recovery plant.
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The ongoing losses may affect the company's ability to invest in growth and operational improvements, potentially impacting employees and stakeholders.
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