Revenue rises but losses widen despite one-off provision reversal

Net loss reportedEBITDA margin compressionResults View source PDF Explain this filing

SAGCEM · price

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Price reactionminutes from the announcement price · days from the prior close

+1.0%Reaction day

₹124.50

prior close

₹121.20

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.4%-0.4% vs market

Cement & Cement Products peers, median of 34sector+2.2%-1.2% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 1.2 pts less than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

+1.3

15m

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30m

+2.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0+1.4-0.4+2.2-1.2

Next day

+4.0+1.7+2.3+3.4+0.6

+6.9+3.9+2.9+5.2+1.6

+14.8+5.1+9.7+7.2+7.6

+10.4pendingpending+6.9+3.5

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UpDownMarket · Nifty Microcap 250Sector · Cement & Cement Products peers, median of 34Pending

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AI summary

The Board approved unaudited Q2 and H1 results. Consolidated revenue rose 17 percent to Rs 705.36 crore in Q2, but net loss widened to Rs 51.54 crore from Rs 44.17 crore. H1 revenue was Rs 1,411.43 crore and net loss Rs 79.64 crore versus Rs 36.68 crore. Standalone H1 loss was Rs 23.47 crore against Rs 3.22 crore profit. A Rs 8.68 crore mineral cess provision reversal helped Q2, and the auditor's review was unmodified.

Likely market impact

Revenue growth did not offset costs, so losses widened. The one-off reversal helped earnings, but continued losses and high debt may hurt sentiment.

By the numbersConsolidated · Q2 FY27 vs Q2 FY26

	Q2 FY27	Q2 FY26	Change
Revenue	₹705.4 Cr	₹601.9 Cr	+17.2%
Operating profit	−₹71.14 Cr	−₹50.85 Cr	loss widened
Profit after tax	−₹51.54 Cr	−₹44.17 Cr	loss widened
EBITDA margin	6.4%	8.5%	−2.1 pp

From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.