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Shree Cement reports 24% fall in Q3 consolidated net profit

05 Feb 2022 Evaluate

Shree Cement has reported results for third quarter ended December 31, 2021.

The company has reported a fall of 21.44% in its net profit at Rs 491.99 crore for the quarter under review as compared to Rs 626.23 crore for the same quarter in the previous year. However, total income of the company increased by 6.71% at Rs 3661.89 crore for Q3FY22 as compared Rs 3431.58 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 23.57% in its net profit at Rs 482.70 crore for the quarter under review as compared to Rs 631.58 crore for the same quarter in the previous year. However, total income of the company increased by 2.35% at Rs 3750.96 crore for Q3FY22 as compared Rs 3664.72 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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