With reference to the subject mentioned above, please note that the board of directors in their Meeting held today i.e., on Saturday, the 27th day of December, 2025 at 03:00 p.m. IST has ....
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The board of Panyam Cements, at its meeting on 27 December 2025, approved the unaudited financial results for Q1 FY26 (quarter ended 30 June 2025), along with the limited review report by statutory auditors K.S. Rao & Co. Revenue from operations for the quarter stood at around ₹30.39 crore, down roughly 19% from about ₹37.55 crore in the same quarter last year. The company reported a loss before tax for the quarter, compared to a profit in Q1 FY25. Management noted that factory operations resumed only from 26 June due to routine plant maintenance. The auditor's limited review report is clean, with no qualifications or adverse comments.
The year-on-year revenue decline and quarterly loss are negatives for shareholders, though the delay is largely due to timing of the board meeting rather than fresh issues. Investors should watch for sequential recovery in subsequent quarters.