{"id":42035,"date":"2024-08-15T16:33:24","date_gmt":"2024-08-15T11:03:24","guid":{"rendered":"https:\/\/businesspoint.co.in\/index.php\/2024\/08\/15\/shri-keshav-cement-infra-reports-ebitda-margin-of-26-50\/"},"modified":"2024-08-15T16:33:24","modified_gmt":"2024-08-15T11:03:24","slug":"shri-keshav-cement-infra-reports-ebitda-margin-of-26-50","status":"publish","type":"post","link":"https:\/\/businesspoint.co.in\/index.php\/2024\/08\/15\/shri-keshav-cement-infra-reports-ebitda-margin-of-26-50\/","title":{"rendered":"Shri Keshav Cement &amp; Infra Reports EBITDA Margin of 26.50%"},"content":{"rendered":"<div>\n<div>\n<p><strong><span data-preserver-spaces=\"true\">Delhi [India] August 15:<\/span><\/strong><span data-preserver-spaces=\"true\"> Shri Keshav Cement &amp; Infra Limited (BSE \u2013 530977), engaged in the manufacturing of Cement and Solar Power Generation and Distribution in the state of Karnataka has announced its Unaudited Financial Results for the Q1 FY25.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Key Financial highlights:<\/span><\/strong><\/p>\n<p><strong>Q1\u00a0FY25<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Total Income of\u00a0\u20b9 31.24\u00a0Cr<\/span><\/li>\n<li><span data-preserver-spaces=\"true\"> EBITDA of \u20b9 8.06 Cr\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">EBITDA Margin of\u00a026.50%<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Profit\u00a0After Tax\u00a0of\u00a0\u20b9 1.78\u00a0Cr<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">PAT\u00a0Margin of\u00a05.71%<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">EPS of \u20b9 1.14<\/span><\/li>\n<\/ul>\n<p><strong><span data-preserver-spaces=\"true\">Q1\u00a0FY25\u00a0Developments &amp; Future Plans:<\/span><\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Paid\u00a0debt worth\u00a0\u20b9 6.42 Cr\u00a0in Q1\u00a0FY25.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">continued its focus on the lucrative solar business<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The Company\u2019s expanded capacity of 1 Mn Ton will be operational by Q4 FY25.<\/span><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">Commenting on the performance, Mr. Venkatesh Katwa, Chairman of Shri Keshav Cement &amp; Infra Limited said,\u00a0\u201cWe are pleased to report\u00a0a\u00a0robust EBITDA margin of 26.50% on a\u00a0total income of\u00a0<\/span>\u20b931.24 Cr.\u00a0Our strategic shift in focus from cement to solar power is proving to be a significant milestone for us.<\/p>\n<p><span data-preserver-spaces=\"true\">We are excited to announce the commissioning of an additional 3 MW solar plant at Biserahalli in Koppal District, Karnataka, which will elevate our total solar capacity to 40 MW. This expansion marks another significant step in our journey towards renewable energy leadership, reinforcing our commitment to sustainable growth and long-term value creation. The solar power generated will be used primarily for self-consumption, with 35% utilized internally and 65% outsourced to other sectors.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In addition, our technical improvements are expected to elevate our cement production capacity to 1 million tonnes by the end of Q3 FY25.\u00a0These achievements reflect our unwavering dedication to innovation, sustainability, and excellence.\u00a0\u201c<\/span><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Delhi [India] August 15: Shri Keshav Cement &amp; Infra Limited [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":42036,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[2],"class_list":["post-42035","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/posts\/42035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=42035"}],"version-history":[{"count":0,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/posts\/42035\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/media\/42036"}],"wp:attachment":[{"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=42035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=42035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=42035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}