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India’s Shree Cement beats Q1 profit view on strong domestic demand – ET Infra

BENGALURU: Indian cement company Shree Cement Ltd reported a bigger-than-expected 84% rise in first-quarter profit on Wednesday, helped by robust domestic demand. The company reported a profit of 5.81 billion Indian rupees ($70.87 million) for the three months ended June 30, beating analysts’ average estimate of 4.29 billion rupees, according to Refinitiv IBES data. The […]

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Shree Cement reports 15% fall in Q4 profit on rise in input costs – ET Infra

BENGALURU: Shree Cement Ltd, India’s second-biggest cement company by market capitalisation, reported a 15.3% fall in fourth-quarter profit on Monday as higher input costs outpaced growth in revenue. The company reported a profit of 5.46 billion Indian rupees ($66.76 million) for the quarter ended March 31, compared to 6.45 billion rupees a year earlier. Its

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