Star Cement Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
STARCEMENT · price
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Star Cement Limited reported strong FY2026 results with standalone revenue of Rs 2,383.6 crore (up 19.6% YoY) and consolidated revenue of Rs 3,776.5 crore (up 19.4% YoY). Standalone PAT turned around from a loss of Rs 58.5 crore in FY2025 to a profit of Rs 130.3 crore, while consolidated PAT grew 131% to Rs 390.5 crore. An exceptional charge of Rs 5.8 crore was recorded for additional labour code provisions. The company also announced promotion of Mr. Tushar Bhajanka to MD & CEO and Mr. Prem Kumar Bhajanka to Vice Chairman & MD, both from the promoter family. Statutory auditors Singhi & Co. issued unmodified (clean) opinions on both standalone and consolidated results.
Strong financial turnaround with revenue growth near 20% and PAT growth exceeding 100% indicates operational improvement. Clean audit opinions and management continuity from the promoter family provide stability. Shareholders can expect positive sentiment given the profit turnaround and new production capacity coming online.