Shree Cement reports 24% fall in Q3 consolidated net profit

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Shree Cement has reported results for third quarter ended December 31, 2021.

shree cement jumps on deciding to expand cement grinding unit capacity
shree cement jumps on deciding to expand cement grinding unit capacity

The company has reported a fall of 21.44% in its net profit at Rs 491.99 crore for the quarter under review as compared to Rs 626.23 crore for the same quarter in the previous year.

However, total income of the company increased by 6.71% at Rs 3661.89 crore for Q3FY22 as compared Rs 3431.58 crore for the corresponding quarter previous year. Shree Cement

On the consolidated basis, the company has reported a fall of 23.57% in its net profit at Rs 482.70 crore for the quarter under review as compared to Rs 631.58 crore for the same quarter in the previous year.

However, total income of the company increased by 2.35% at Rs 3750.96 crore for Q3FY22 as compared Rs 3664.72 crore for the corresponding quarter previous year.

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