Hot Pursuit     29-Jun-23
Sanghi Inds resumes operations at Gujarat plant
Sanghi Industries informed that the company has resumed its operations of cement plant located at Sanghipuram, Kutch in Gujarat.
Earlier on 14 June 2023, the company said that due to pro-active Biperjoy emergency preparedness of the Central/State Government and local authorities and the company, while there was some damage at site, which was under restoration, has now resumed operations.

Sanghi Industries is engaged in the manufacturing and marketing of cement and cement products in domestic and export market.

The company reported a net loss of Rs 104.56 crore in Q4 FY23 as against a net profit of Rs 6.32 crore in Q4 FY22. Net sales declined 36.3% year on year to Rs 224.84 crore in the quarter ended 31 March 2023.

The scrip rose 1.56% to end at Rs 72.75 on Wednesday, 28 June 2023.

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