Star Cement Ltd Announces Q1 Financial Results and Reappoints Key Directors
Star Cement Limited announced the approval of its unaudited Standalone and Consolidated financial results for the first quarter ended June 30, 2026. The company's Board of Directors also met on August 7, 2026, approving the financial performance and confirming the re-appointment of several senior management personnel for a further three years.The board reviewed and approved the results which were subjected to limited review by Statutory Auditors. Star Cement Limited, along with its subsidiaries including Star Cement Meghalaya Limited and Star Century Global Cement Private Limited, recorded various operational results in the first quarter of the financial year 2026-27.
The quarterly performance highlights for the company are detailed below:
| Metric | Standalone (Q1 Ended 30.06.2026) | Consolidated (Q1 Ended 30.06.2026) |
|---|---|---|
| Revenue from Operations | 57,630.88 | 94,288.89 |
| Total Income | 58,530.52 | 95,109.36 |
| Total Expenses | 55,098.97 | 85,357.72 |
| Profit/(loss) before tax | 3,431.55 | 9,751.64 |
During the Board meeting held on August 7, 2026, the company re-appointed four key directors for a term of three years, effective from April 1, 2027, up to March 31, 2030.
The appointed directors include Mr. Sajjan Bhajanka as Chairman and Managing Director, Mr. Sanjay Agarwal as Managing Director, Mr. Prem Kumar Bhajanka as Vice Chairman and Managing Director, and Mr. Pankaj Kejriwal as Executive Director.
The company also provided details regarding the familial relationships among the directorates. It was noted that Mr. Sanjay Agarwal and Mr. Pankaj Kejriwal are not related to any Directors of the Company, with exceptions noted for Mr. Sajjan Bhajanka, who is the father of Keshav Bhajanka (Non-Executive Director), and Mr. Prem Kumar Bhajanka, who is the father of Tushar Bhajanka, Managing Director & CEO.
Annual General Meeting and Book Closure Details
The company announced that its Twenty Fifth Annual General Meeting (AGM) will be convened on Friday, September 25, 2026, at 11:30 a.m., which will be conducted via Video Conferencing or Audio Video Means (VC/OAVM).In preparation for the AGM, the Register of Members and Share Transfer Books will remain closed from Saturday, September 19, 2026, to Friday, September 25, 2026. This book closure period is designated for the purpose of the Annual General Meeting.
STARCEMENT Stock Price Movement
As of 3:16 PM, shares of Star Cement Limited are shedding value in live trading, pulling back 2.31% and currently registering at ₹198.64. The stock experiences brisk selling pressure on a volume of 321,269 shares, navigating its daily range as it nears the day’s low of ₹196.5.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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