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Shree Cement reports 2-fold jump in Q3 consolidated net profit

01 Feb 2021 Evaluate

Shree Cement has reported results for third quarter ended December 31, 2020.

The company has reported 2-fold jump in its net profit at Rs 626.23 crore for the quarter under review as compared to Rs 309.95 crore for the same quarter in the previous year. Total income of the company increased by 17.26% at Rs 3,416.24 crore for Q3FY21 as compared Rs 2,913.28 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 2-fold jump in its net profit attributed to the owners at Rs 630.87 crore for the quarter under review as compared to Rs 309.63 crore for the same quarter in the previous year. Total income of the company increased by 13.63% at Rs 3,649.38 crore for Q3FY21 as compared Rs 3,211.65 crore for the corresponding quarter previous year.

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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