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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Sagar Cements logs Q4 net profit at ₹100 cr
2026-05-14 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
For the full year FY26, Sagar Cements incurred a net loss of ₹73 lakh while the total revenue increased 17% to ₹2,671 crore.

For the full year FY26, Sagar Cements incurred a net loss of ₹73 lakh while the total revenue increased 17% to ₹2,671 crore.

Sagar Cements posted a consolidated net profit of ₹100 crore in the fourth quarter ended March 31, 2026. In the corresponding quarter of the previous financial year, it incurred a loss of ₹73 lakh. 

The total revenue of the Hyderabad-based company increased 21 per cent to ₹798 crore in the quarter under review against ₹661 crore in the same period last year. 

For the full year FY26, the company incurred a net loss of ₹73 lakh while the total revenue increased 17 per cent to ₹2,671 crore.  In FY25 the loss was at ₹216 crore.

“We closed the year on a strong note, with volumes for both the quarter and the full year increasing by 8 per cent and 11 per cent respectively. Total volumes for the year stood at 6.10 million MT, broadly in line with our expectations, reflecting steady execution despite a dynamic operating environment. Demand remained resilient across our key markets, particularly driven by continued traction in infrastructure and rural segments, which supported top-line growth of 20 per cent during the quarter,’’ Sreekanth Reddy, Joint Managing Director, Sagar Cements, said on Wednesday. 

The Board of Directors of the company accorded in-principle approval to amalgamation of Andhra Cements, a subsidiary company with Sagar Cements, subject to necessary approvals. It also approved the establishment of a new division, Superfine Building Materials, to capitalise on the growing demand for advanced, durable and eco-friendly construction solutions. 

“The division will focus on high-performance superfine materials derived primarily from GGBS and fly ash, catering to precision construction and sustainable building applications. These products will support applications such as Ultra-High-Performance Concrete (UHPC), structural repairs, interior finishing and cladding solutions,’’ Reddy said.

The initiative would align the company’s long-term growth strategy and aims to strengthen its presence in the advanced building materials segment. “Overall, we are confident of sustaining healthy growth over the medium to long term, supported by capacity additions, operational efficiencies, and business diversification,’’ he said.

Published on May 13, 2026