Shree Cement has reported results for second quarter ended September 30, 2014.
The company has registered 36.81% fall in its net profit after tax at Rs 108.81 crore for the quarter under review as compared to Rs 172.22 crore for the same quarter in the previous year. However, total income of the company has increased 23.80% at Rs 1636.13 crore for Q1FY15 as compared Rs 1321.49 crore for the corresponding quarter previous year.
Shree Cement (SCL), belonging to B G Bangur - H M Bangur faction of Bangur family of Kolkata, is engaged in manufacturing of cement and power generation. SCL’s eight cement plants in Rajasthan and one grinding unit in Uttrakhand have an aggregate capacity of 13.5 mn tonnes p.a.
