Cement & Cement Products company Sagar Cements announced Q2FY25 results Revenue decreased by 19% YoY and volume decreased by 12% for Q2FY25. Plants operated at around 43% during the current quarter. Operating EBITDA of Rs 1,993 lakh for Q2FY25 as against Rs 6,022 lakh during Q2FY24. Operating EBITDA of Rs 172 per ton during Q2FY25. EBITDA margin decreased by 600 bps to 4% for Q2FY25 (v/s Q2FY24). Loss after tax stood at Rs 5,698 lakh for Q2FY25 v/s Loss of Rs 1,085 lakh during Q2FY24. Sreekanth Reddy, Jt. Managing Director, Sagar Cements, said: Our quarterly results depict the difficult industry landscape we are currently navigating. Demand remained subdued owing to extended monsoon season and sluggish project completions, which in turn impacted the overall volume growth during the quarter. Moreover, intense competition in pricing within our primary markets contributed to reduced profitability. EBITDA for the quarter stood at Rs. 20 crore, with margins of 4%. EBITDA/ton stood at Rs. 172. While input prices remained relatively stable, lower revenues and utilization levels led to margin compression. Despite existing challenges related to demand and pricing, we are steadfast in our commitment to long-term objectives of cost reduction and operational enhancements. Anticipated improvements in the business's margin profile and profitability in the upcoming years are expected to stem from an enhanced energy mix—increased reliance on renewables— and improved efficiencies and utilization rates across our facilities. For the full year we believe we will be able to achieve volumes of 5.75 million tonnes during FY25. To conclude, we are confident that enhanced cost efficiency achieved through minimizing lead distances, enhancing green energy usage, reducing clinker factors, and upgrading our ACL plant will position us favorably to enhance customer service, thereby creating significant value for our shareholders. Result PDF