Shree Cement has reported results for the third quarter ended March 31, 2013.
The company has reported 2-fold jump in its net profit at Rs 274.09 crore for the quarter ended March 31, 2013 as compared to Rs 114.28 crore for the same quarter in the previous year. Total income of the company has increased by 4.18% at Rs 1514.41 crore for quarter under review as compared to Rs 1453.56 crore for the quarter ended March 31, 2012.
Shree Cement (SCL), belonging to B G Bangur - H M Bangur faction of Bangur family of Kolkata, is engaged in manufacturing of cement and power generation. SCL’s eight cement plants in Rajasthan and one grinding unit in Uttrakhand have an aggregate capacity of 13.5 mn tonnes p.a. (PPC; OPC capacity -9 mn tonnes p.a.)
