Shree Cements reports over five-fold rise in Q1 net profit

23 Aug 2012

Shree Cements has reported results for first quarter ended June 30, 2012.

On standalone basis, the company has reported a rises of 440.87% in its net profit at Rs 351.62 crore for the quarter, as compared to Rs 65.01 crore for the same quarter in the previous year. Total income of the company has increased by 42.85% to Rs 1455.28 crore for the quarter under review as compared to Rs 1018.74 crore for the quarter ended June 30, 2011.

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.

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