Shree Cement reports 18% rise in Q2 net profit

Shree Cement Ltd. | Cement & Construction Materials | Construction & Infrastructure | BSE: 500387 | NSE: SHREECEM

07 Nov 2016 Evaluate

Shree Cement has reported results for second quarter ended September 30, 2016.

The company has reported 18.33% rise in its net profit at Rs 291.50 crore for the quarter under review as compared to Rs 246.35 crore for the same quarter in the previous year. Total income of the company increased by 18.21% at Rs 2377.30 crore for the quarter under review as compared Rs 2011.10 crore for the corresponding quarter previous year.

Shree Cement is the leading cement manufacturing in North India. Its cement plants are located at Beawar, Ras, Khushkhera, Jobner and Suratgarh in Rajasthan and Laksar (Roorkee) in Uttarakhand.

Peers

Company Name	CMP
Ultratech Cement	11020.00
Ambuja Cements	374.90
ACC	1213.30
Shree Cement	22155.20
Dalmia Bharat	1651.40
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