Shree Cement Limited Q3FY23; 42% Fall in Profits

Shree Cement Limited‘s revenue in Q3FY23 rose 18% to ₹ 4,299 crores. Consolidated Profit After Tax came at ₹ 282 crores showcasing a 42% fall on an YoY basis. In this quarter’s results, the reports suggested that the fall in profits are due to a 31% YoY rise in expenses.