Shivam Cement Posts 15-Fold Surge in Profit, Earns Rs 209.6 Million in First Quarter

Kathmandu — Shivam Cement has recorded a remarkable jump in profitability in the first quarter of the current fiscal year. The company’s net profit increased 15 times compared to the same period last year, marking one of the strongest quarterly earnings performances in the cement industry in recent years.

In the first quarter of the previous fiscal year, the company had posted a net profit of Rs 12.79 million. This year, however, net profit soared to Rs 209.6 million, according to the company’s published financial report.

Revenue Up by 9 Percent

Although sales revenue has increased only modestly, the growth remains stable.
Shivam Cement had generated Rs 1.40 billion in revenue during the same quarter last year, which increased to Rs 1.53 billion this fiscal year.

The company’s sales revenue grew by 9.03 percent, while gross profit surged by 215.07 percent, reaching Rs 326.5 million in the review period.

Significant Improvement in EPS, Net Worth

The company’s earnings per share (EPS) also saw a major rise.
EPS increased by Rs 14.35, reaching Rs 15.37 in the first quarter.

As of the end of Ashwin:

• Net worth per share: Rs 192.18

• Price-to-earnings (P/E) ratio: 36.42 times

These indicators reflect strong financial health and market valuation.