Shree Cement on Tuesday reported a 51.3% year-on-year (YoY) decline in its consolidated net profit to Rs 278.6 crore for the quarter ended June 30, 2024. The company reported a net profit of Rs 572.3 crore for the corresponding quarter of the last financial year. Meanwhile, the revenue from operations stood at Rs 5,123.9 in … Read more
Shree Cement‘s consolidated net profit more than doubled to Rs 447 crore in the three months to September 2023. This compares with Rs 183 crore in the previous year period. Revenue from operations in the reporting second quarter jumped 19% year-on-year (YoY) to Rs 4,800 crore, compared with Rs 4,038 crore in the year-ago quarter. … Read more
on Wednesday reported a 44% year-on-year (YoY) decline in its standalone profit after tax to Rs 277 crore for the quarter ended December 31, 2022. The company had reported a net profit of Rs 492 crore in the same quarter of the previous fiscal year. However, its revenue from operation grew 15% YoY at Rs … Read more
Brokerages have remained majorly positive on the cement pack, expecting companies to report decent growth in volumes, revenue and profit after tax (PAT) in the September quarter of the current fiscal year. However, the second is traditionally a soft quarter for cement producers from the demand point of view, considering the fact that monsoon hits … Read more