Cement & Cement Products company Sagar Cements announced Q3FY25 results Revenue decreased by 16% YoY and volume decreased by 2% for Q3FY25. Plants operated at around 53% during the current quarter. Operating EBITDA of Rs 3,764 lakhs for Q3FY25 as against Rs 8,706 lakhs during Q3FY24. Operating EBITDA of Rs 273 per ton during Q3FY25. EBITDA margin decreased by 600 bps to 7% for Q3FY25 (v/s Q3FY24). Loss after tax stood at Rs 5,445 lakhs for Q3FY25 v/s Loss of Rs 1,050 lakhs during Q3FY24. Sreekanth Reddy Jt. Managing Director commented: “Q3 performance benefitted in part from the pick-up in demand during the second half of the quarter and steady realisations. While the quarter began on a soft note owing to festive season and labour unavailability, construction activities picked up pace during the second half. Demand from rural segment also revived steadily aided by better agricultural output. EBITDA for the quarter stood at Rs. 38 crore, with margins of 7%. EBITDA/ton stood at Rs. 273. While input prices remained largely steady compared to previous quarter, we expect the benefit of softening raw material prices to reflect in our financials from next quarter. Moreover, our initiatives to enhance the energy mix by increasing the proportion of green power, improving operational efficiencies, and achieving higher utilization rates across our facilities will contribute to profitability and margin growth in the years ahead. For the full year FY25 we believe we will be able to achieve sales volumes similar to FY24 of 5.50 MnT. During January 2025 the Company has successfully commissioned 6 MW Solar Power plant at its Gudipadu Unit. Further the Company has received approvals for implementation of 6 MW Solar Power plant at its Dachepalli unit. To conclude, we believe that our initiatives to lower freight costs—through shortening lead distances, decreasing the clinker factor, upgrading our assets, and optimizing our energy mix will effectively generate long-term value for our shareholders.” Result PDF