Shree Cement profit falls 15% YoY to Rs 263 crore on higher fuel costs
Shree Cement’s September-quarter net profit fell over 15% year-on-year to Rs 263 crore for the third consecutive quarterly decline. Revenue rose 24% and sales volumes increased 14%, but soaring fuel costs pressured profitability despite stronger premium product sales.
The Bharath News1 min readSource: ET Markets
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Shree Cement’s September-quarter net profit fell over 15% year-on-year to Rs 263 crore for the third consecutive quarterly decline. Revenue rose 24% and sales volumes increased 14%, but soaring fuel costs pressured profitability despite stronger premium product sales.
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