Adani Group-owned Sanghi Industries reported a steep loss for the quarter ended March 31, 2025, as the company battled rising expenses and operational challenges. The cement maker posted a consolidated net loss of ₹116.91 crore for Q4 FY25, compared to a loss of ₹5.30 crore during the same period last year.
Total income for the quarter rose to ₹345.99 crore, up from ₹288.33 crore in the corresponding quarter of the previous fiscal. Revenue from operations came in at ₹335.25 crore, marking a strong growth from ₹284.87 crore last year. However, soaring costs weighed heavily on profitability.
Expenses for the quarter stood at ₹462.90 crore, significantly higher than ₹293.63 crore reported in Q4 FY24. A major surge was seen in power and fuel costs, which rose to ₹130.74 crore, and finance costs, which stood at ₹66.48 crore.
Depreciation expenses also sharply increased to ₹97.58 crore, up from ₹25.42 crore a year ago, reflecting the impact of recent capital expenditure.
For the full year FY25, Sanghi Industries reported a total income of ₹1,007.40 crore, but the company posted a staggering net loss of ₹498.37 crore against a loss of ₹448.79 crore in FY24.
The Adani Group had acquired a majority stake in Sanghi Industries last year as part of its ambitious cement sector expansion. However, today’s results show the road to revival remains challenging, with elevated costs and operational hurdles dragging down financial performance.
