Shree Cement has reported results for its third quarter ended December 31, 2011.
The company has posted a 115.31% surge in its net profit of Rs 59.19 crore for the quarter ended December 31, 2011 as compared to Rs 27.49 crore for the same quarter in the previous year. Total income has increased by 61.29% from Rs 781.47 crore for Q3FY11 to Rs 1260.40 crore in the quarter under review.
Shree Cement is leading cement manufacturing in North India. The company markets it products under three Shree Ultra Jung Rodhak Cement, Bangur Cement and Tuff Cemento. The company’s manufacturing units are located at Beawar in district Ajmer, and Ras in district Pali, in Rajasthan. It also has grinding units at Khushkhera in Rajasthan.