Net profits of Shivam Cements fall by more than 40% by the end of Q1; EPS and net worth per share stand at Rs.18.06 and Rs.199.44 respectively

Fri, Nov 15, 2019 11:33 AM on Financial Analysis, Latest,

Shivam Cements Limited (SHIVM) has posted a fall in its net profit by 46.53% in the first quarter of the current FY 2076/77.

According to the unaudited financial report published today, its net profit has decreased to Rs.19.86 Crore in the first quarter of fiscal year 2076/77 from Rs.37.14 Crore in the corresponding quarter of the previous fiscal year 2075/76.

It has made revenue from operation of Rs.2.04 Arba by the end of the first quarter falling from Rs.2.72 Arba in the corresponding quarter.

Its retained earnings amounts to Rs.3.43 Arba till the first quarter and has Rs.94.02 Crore as share premium. Its current paid up capital stands at Rs.4.40 Arba.

Its annualized EPS stands at Rs.18.06 and net worth per share is at Rs.199.44 for the first quarter end.