Star Cement Limited reported earnings results for the third quarter and nine months ended December 31, 2024. For the third quarter, the company reported sales was INR 7,187.55 million compared to INR 6,514.05 million a year ago. Revenue was INR 7,212.77 million compared to INR 6,555.37 million a year ago. Net income was INR 90.6 million compared to INR 735.19 million a year ago. Basic earnings per share from continuing operations was INR 0.22 compared to INR 1.82 a year ago. Diluted earnings per share from continuing operations was INR 0.22 compared to INR 1.82 a year ago.
For the nine months, sales was INR 21,113.07 million compared to INR 19,971.35 million a year ago. Revenue was INR 21,168.48 million compared to INR 20,157.69 million a year ago. Net income was INR 458.37 million compared to INR 2,074.44 million a year ago. Basic earnings per share from continuing operations was INR 1.13 compared to INR 5.13 a year ago. Diluted earnings per share from continuing operations was INR 1.13 compared to INR 5.13 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 Companyâs 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.
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
