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Shree Cement reports 91% rise in Q1 consolidated net profit

10 Aug 2021 Evaluate

Shree Cement has reported results for first quarter ended June 30, 2021.

The company has reported 78.46% rise in its net profit at Rs 661.72 crore for the quarter under review as compared to net profit  of Rs 370.80 crore for the same quarter in the previous year. Total income of the company increased by 46.06% at Rs 3588.66 crore for Q1FY22 as compared Rs 2456.90 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 91.11% in its net profit attributable to owners at Rs 629.90 crore for the quarter under review as compared to net profit of Rs 329.60 crore for the same quarter in the previous year. Total income of the company increased by 44.49% at Rs 3775.94 crore for Q1FY22 as compared Rs 2613.25 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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