Star Cement Limited announced robust financial results for the year ended March 31, 2026, reporting a consolidated annual revenue of ₹3,795.75 crore and a profit after tax of ₹390.46 crore. Alongside its financial performance, the company announced strategic leadership updates, with Mr. Prem Kumar Bhajanka assuming the role of Vice Chairman and Mr. Tushar Bhajanka appointed as the new Managing Director and CEO.
Annual Financial Performance
For the financial year ended March 31, 2026, Star Cement reported significant growth. On a consolidated basis, the company achieved a total income of ₹3,795.75 crore, compared to ₹3,173.96 crore in the previous year. The profit after tax for the full year stood at ₹390.46 crore, reflecting a strong operational performance. For the final quarter (Q4) ending March 31, 2026, the company recorded a consolidated profit after tax of ₹123.12 crore.
Strategic Leadership Restructuring
The company has implemented key leadership changes to drive its next phase of growth. Mr. Prem Kumar Bhajanka has transitioned from Managing Director to Vice Chairman & Managing Director. Concurrently, Mr. Tushar Bhajanka has been elevated from Deputy Managing Director to Managing Director & Chief Executive Officer (CEO) for a tenure of three years, effective May 22, 2026, through May 21, 2029.
Operational Milestones and Audits
During the fourth quarter, the company reached a significant operational milestone with the commencement of production at its new 2 Million Tons per annum grinding unit in Silchar, Assam. Furthermore, the company has re-appointed M/s B. G. Chowdhury & Co. as Cost Auditors for the FY 2026-27. The annual accounts for the fiscal year received an unmodified opinion from the statutory auditors, confirming the transparency and accuracy of the company’s financial reporting.
Source: BSE
