Shree Cement September-Quarter Net Profit Falls 15% to ₹263 Crore
Revenue increased to ₹5,897 crore from ₹4,761 crore, and EBITDA rose to ₹1,016 crore from ₹974 crore. The company attributed the profit decline largely to higher costs.
Shree Cement’s net profit for the September quarter declined 15 per cent to ₹263 crore, from ₹310 crore in the same period last year, largely because of higher costs. Revenue rose 24 per cent to ₹5,897 crore, compared with ₹4,761 crore. EBITDA increased to ₹1,016 crore from ₹974 crore. Sales volume…