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

[ad_1] 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. […]

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