Shivam Cement's Q3 Profits Drop by Almost 62%; Earnings per Share Falls to Rs. 5.42

Shivam Cement Limited (SHIVM) has recently released its financial report for the third quarter of the fiscal year 2080/81, showcasing some intriguing shifts in its performance metrics. They saw a big drop of 61.94% in their profits compared to the corresponding quarter last year, making Rs. 20.42 Crore this time, way lower than the Rs. 53.67 Crore they made before.

The company has generated revenue of Rs. 5.99 Arba in the first nine months of the current fiscal year. This represents a growth of 9.89% compared to the same period of the previous fiscal year when the company's revenue was Rs. 5.45 Arba. 

Despite the increase in revenue, the company's net profit has decreased due to the rising cost of sales.

Alongside the decrease in profits, the company's per-share earnings have also declined. During the review period, the company's earnings per share (EPS) dropped from Rs. 10.85 to Rs. 5.42. As of the end of Chaitra, the company's Net Worth per Share stands at Rs. 188.19. while the price-earnings ratio (PE ratio)  is 94.50.

The company has Rs. 5 Arba 2 Crore 70 Lakhs in paid-up capital, with Rs. 4 Arba 43 Crore 34 Lakhs in its reserve fund.