Shree Cement has reported results for fourth quarter (Q4) and year ended March 31, 2023.
The company has reported 15.34% fall in its net profit at Rs 546.21 crore for the quarter under review as compared to Rs 645.21 crore for the same quarter in the previous year. However, total income of the company increased by 16.13% at Rs 4,920.38 crore for Q4FY23 as compared to Rs 4,236.85 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 20.31% fall in its net profit at Rs 525.21 crore for fourth quarter ended March 31, 2023 as compared to Rs 659.08 crore for the same quarter in the previous year. However, total income of the company increased by 16.53% at Rs 5,245.91 crore for Q4FY23 as compared to Rs 4,501.60 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 44.12% fall in its net profit at Rs 1,328.13 crore as compared to Rs 2,376.62 crore for the previous year. However, total income of the company increased by 16.34% at Rs 17,269.00 crore for year under review as compared to Rs 14,843.22 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported 45.68% fall in its net profit at Rs 1,269.14 crore as compared to Rs 2,336.61 crore for the previous year. However, total income of the company increased by 17.72% at Rs 18,311.41 crore for year under review as compared to Rs 15,555.45 crore for year ended March 31, 2022.
