Shri Keshav Cements swings to ₹517.30 lakh Q1 net loss as revenue rises 16% to ₹4,799.18 lakh
Shri Keshav Cements reported a sharp earnings deterioration in Q1FY26: revenue rose 16% but a ₹517.3 lakh net loss replaced last year's profit as total costs jumped 36%, led by higher finance costs. The core cement segment (87% of revenue) swung to a loss, signaling significant margin compression despite volume growth. A qualified auditor conclusion tied to an ongoing GST investigation adds balance-sheet uncertainty.
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Shri Keshav Cements reported a net loss of ₹517.30 lakh for the quarter ended June 30, 2026, even as total income from operations rose 16% year on year to ₹4,799.18 lakh. In the same quarter a year earlier, the company had posted a net profit of ₹309.42 lakh. Total expenses jumped 36%, largely reflecting higher finance costs and other unallocable expenses. The cement business, which contributed 87% of revenue, swung from a profit of ₹497.34 lakh to a loss of ₹113.87 lakh, while basic earnings per share were (₹2.95).