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Shree Cement Ltd Q2FY24; 158% rise in Profits

Shree Cement is engaged in manufacturing and selling of cement and cement related products and is ** one of the lowest cost producers in the country. It is the 3rd largest** cement producer in India with an installed capacity of 46.4 MTPA.

Financial Results:

Shree Cement Ltd reported Revenues for Q2FY24 of ₹4,585.00 Crores up from ₹3,781.00 Crore year on year, a rise of 21.26%.

Total Expenses for Q2FY24 of ₹4,114.00 Crores up from ₹3,689.00 Crores year on year, a rise of 11.52%.

Consolidated Net Profit of ₹491.00 Crores up 158.42% from ₹190.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹136.18, up 159.14% from ₹52.55 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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