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.
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Shree Cement Q2 Profit Falls 15% to ₹263.46 Crore; Revenue Rises 23%
Shree Cement reported consolidated net profit of ₹263.46 crore for the September quarter, down 15% from ₹309.82 crore a year earlier. Revenue rose 23%. The company attributed the profit decline mainly to elevated fuel prices.