Shree Cement reports 18% fall in Q4 consolidated net profit

23 May 2022 Evaluate

Shree Cement has reported results for fourth quarter and year ended March 31, 2022.

The company has reported fall of 15.95% in its net profit at Rs 645.21 crore for the quarter under review as compared to Rs 767.65 crore for the same quarter in the previous year. However, total income of the company increased by 3.92% at Rs 4236.85 crore for Q4FY22 as compared Rs 4077.01 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported fall of 17.59% in its net profit at Rs 659.08 crore for the quarter under review as compared to Rs 799.79 crore for the same quarter in the previous year. However, total income of the company increased by 3.36% at Rs 4501.60 crore for Q4FY22 as compared Rs 4355.22 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported 2.80% rise in its net profit at Rs 2376.62 crore as compared to Rs 2311.93 crore for the previous year. Total income of the company increased by 13.29% at Rs 14843.22 crore for year under review as compared to Rs 13101.76 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported 2.05% rise in its net profit at Rs 2336.61 crore as compared to Rs 2289.59 crore for the previous year. Total income of the company increased by 11.13% at Rs 15555.45 crore for year under review as compared to Rs 13998.03 crore for year ended March 31, 2021.

Shree Cement Share Price

25800.00 -176.60 (-0.68%)
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