Page 12 - Shiva Cement News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Shiva Cement fell 3.03% to Rs 20.80 after the company reported a net loss of Rs 5.72 crore in Q4 FY21 compared with net loss of Rs 6.32 crore in the same period last year.
Net sales during the quarter fell 6.4% year-on-year (YoY) to Rs 7.92 crore. Interest outgo, however, declined 22.3% to Rs 2.93 crore in Q4 FY21 over Q4 FY20.
Consequently, the company reported a pre-tax loss of Rs 7.52 crore in Q4 March 2021 as against pre-tax loss of Rs 8.41 crore in Q4 March 2020.
The cement maker reported a net loss of Rs 21.97 crore in the year ended 31 March 2021 as against net loss of Rs 22.82 crore in the year ended 31 March 2020. Net sales contracted 12% to Rs 28.49 crore in FY21 over FY20.
Shiva Cement reports standalone net loss of Rs 5 72 crore in the March 2021 quarter
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