Star Cement Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 9,135.32 million compared to INR 8,291.59 million a year ago. Revenue was INR 9,213.64 million compared to INR 8,419.02 million a year ago. Net income was INR 876.67 million compared to INR 961.17 million a year ago. Basic earnings per share from continuing operations was INR 2.17 compared to INR 2.38 a year ago. Diluted earnings per share from continuing operations was INR 2.17 compared to INR 2.38 a year ago.
For the full year, sales was INR 29,106.67 million compared to INR 27,048.47 million a year ago. Revenue was INR 29,371.32 million compared to INR 27,569.3 million a year ago. Net income was INR 2,951.1 million compared to INR 2,476.04 million a year ago. Basic earnings per share from continuing operations was INR 7.3 compared to INR 6.13 a year ago. Diluted earnings per share from continuing operations was INR 7.3 compared to INR 6.13 a year ago.
Star Cement Limited is an India-based cement company. The Company is engaged in the manufacturing and selling of Cement Clinker and Cement. Its integrated cement plant is based in a location in the idyllic town of Lumshnong in Meghalaya and three grinding units, two at Sonapur near Guwahati, Assam and one at Mohitnagar near Jalpaiguri Town in West Bengal. The Company’s products include Star Weather Shield Cement, Star Dhalai Master Cement, Star Cement Portland Pozzolana Cement (PPC), and Star Cement Ordinary Portland Cement (OPC). Its Star Cement OPC includes OPC 53 & 43 Grade. Star Cement PPC is a blended cement created by combining OPC clinker with gypsum and pozzolanic materials. The Company also offers comprehensive solutions, including technical and home-building guidance. Its subsidiaries include Star Cement Meghalaya Limited, Star Century Global Cement Private Limited, Star Cement North East Limited, Star Cement (I) Limited, Ri Pnar Cement Private Limited, and others.
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ESG MSCI
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