Sagar Cements Q4 Results Live : profit falls by 86.82% YOY

Sagar Cements Q4 Results Live : Sagar Cements declared their Q4 results on 14 May, 2024, revealing a 14.02% increase in revenue compared to the same quarter last year.

However, the company saw a significant 86.82% decrease in profit year-over-year.

In comparison to the previous quarter, Sagar Cements experienced a 5.87% growth in revenue and an impressive 270.97% increase in profit.

The Selling, general & administrative expenses rose by 10.75% quarter-over-quarter and increased by 20.71% year-over-year.

Operating income took a hit, dropping by 60.97% quarter-over-quarter but saw a substantial 547.58% increase year-over-year.

The earnings per share (EPS) for Q4 stood at ₹0.89, reflecting an 88.54% decrease year-over-year.

Sagar Cements' stock performance in the market has been negative, with returns of -0.95% in the last week, -17.78% in the last 6 months, and -16.02% year-to-date.

The company currently boasts a market capitalization of ₹2795.18 Cr, with a 52-week high/low of ₹305 and ₹190.35 respectively.

Analysts' ratings as of 16 May, 2024, show that out of 6 analysts covering Sagar Cements, 1 analyst has a Sell rating, 3 analysts recommend Buy, and 2 analysts have given a Strong Buy rating.

The consensus recommendation for Sagar Cements as of 16 May, 2024, is to Buy.