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Shree Cement Q2 Results: Profit more than doubles to Rs 447 crore; revenue up 19% YoY
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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.
Operating profit or EBITDA for the quarter jumped 64% YoY to Rs 886 crore.
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