Sanghi Industries Reports ₹542.67 Crore Revenue in Q3 FY25, Net Profit at ₹21.84 Crore

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Ahmedabad, January 28, 2025Sanghi Industries Limited (NSE: SANGHIIND, BSE: 526521) has announced its Q3 FY25 financial results, reporting a revenue of ₹542.67 crore, marking a 15.2% year-on-year (YoY) growth. The company’s net profit stood at ₹21.84 crore, reflecting a turnaround from the loss reported in the previous year. The company also confirmed no loan defaults or audit modifications in its latest financial filing.

Key Financial Highlights – Q3 FY25 (Standalone)

MetricQ3 FY25Q3 FY24YoY Change
Revenue from Operations₹542.67 crore₹471.15 crore+15.2%
Total Income₹558.74 crore₹486.22 crore+14.9%
EBITDA₹89.42 crore₹75.36 crore+18.7%
Net Profit (PAT)₹21.84 crore₹(5.67) crorePositive Shift
Earnings Per Share (EPS)₹0.85₹(0.22)Positive Shift
For the nine months ended December 31, 2024 (9M FY25):
  • Revenue: ₹1,602.98 crore (+17.4% YoY).
  • Net Profit: ₹66.19 crore (vs ₹(21.23) crore loss in 9M FY24).

Segment-Wise Performance & Business Growth

1. Cement & Clinker Business Performance

  • Sales Volume: Increased 13.5% YoY due to rising demand in infrastructure and housing projects.
  • Pricing Strategy: Improved average realization per ton, supporting profit recovery.
  • Export Revenue Contribution: 14.2% of total sales, driven by Middle East & Africa demand.

2. Cost Optimization & Debt Reduction

  • Operating Expenses Managed: Power and logistics costs lowered by 6.8% YoY.
  • Debt Reduction Initiatives: Net debt declined by ₹115 crore in 9M FY25.

Key Corporate Developments

  1. No Defaults on Loans or Debt Securities
    • Sanghi Industries confirmed full repayment compliance with no overdue credit facilities.
  2. Audit & SEBI Compliance Updates
    • No audit modifications or qualifications were reported in Q3 FY25 financials.
    • SEBI-compliant integrated financial filing submitted under new regulatory norms.
  3. Strategic Expansion Plans for FY26
    • Capacity Expansion Underway: Increasing cement grinding capacity by 1.2 million tons per annum (MTPA).
    • Investments in renewable energy sources to improve cost efficiency.

Management Commentary

Ravi Sanghi, Managing Director, Sanghi Industries, stated:
"Our strong Q3 FY25 performance reflects our strategic cost management and focus on operational efficiency. The cement sector remains strong, and we are well-positioned to capture future demand growth."

Strategic Outlook & Market Positioning

  • Expansion in Tier-2 & Tier-3 cities for distribution growth.
  • Continued focus on debt reduction and cost optimization.
  • Leveraging strong demand in infrastructure and real estate sectors.
With strong revenue growth, a return to profitability, and improved cost structures, Sanghi Industries remains well-positioned for sustainable long-term growth in India's cement industry.
 
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