Shree Cement has reported results for the quarter ended September 30, 2011.
The Company’s net profit for the quarter zoomed by 265.28% at Rs 38.49 crore as compared to Rs 10.54 crore for the quarter ended September 30, 2010. Company’s total income has increased by 15.33% at Rs 857.09 crore for the second quarter of the current fiscal from Rs 743.11 crore for the corresponding quarter of the previous year.
Cement business contributed Rs 848 crore to the company's top-line and the power segment Rs 80 crore. Meanwhile, consumption of raw material and power and fuel costs stood at Rs 95.38 crore and 203.31 crore, respectively, during the reporting quarter.