Q3 FY26 Results: Revenue up 9% YoY, Net Loss Widens on Labour Code Charge
SAURASHCEM · price
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On the reaction day the stock moved 2.7 pts less than Nifty Microcap 250 and 1.5 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.
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Saurashtra Cement reported Q3 FY26 standalone revenue of Rs 410.19 cr, up 8.7% from Rs 377.50 cr YoY. Net loss widened to Rs 10.35 cr from Rs 4.42 cr, hit by a one-time Rs 6.56 cr charge for new labour codes. Nine-month revenue grew 15% to Rs 1,219.39 cr, with net loss narrowing sharply to Rs 4.59 cr from Rs 26.12 cr. Cement segment stayed marginally profitable while the paints segment continued to post heavy losses, dragging overall profitability. Audit firm Manubhai & Shah LLP gave an unqualified limited review.
Mixed: quarterly loss widened on a one-time labour charge, but 9-month loss narrowed and revenue grew 15%. Paints segment drags.