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Shree Cement Q2 Results: Net profit surges 159% to ₹491 crore on strong demand, revenue up 21% YoY

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Shree Cement Q2 Results: Shree Cements announced its July-September quarter results for fiscal 2023-24 (Q2FY24) on Tuesday, November 7, reported a surge of 159 per cent in net profit at 491 crore, compared to 190 crore in the corresponding period last year. 

India’s second-biggest cement company’s revenue from operations in the second quarter of current fiscal stood at 4,585 crore, registering a growth of 21 per cent, compared to 3,781 crore in the year-ago period.

 

 

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Updated: 07 Nov 2023, 09:45 PM IST


Joanna Swanson

Joanna Swanson is Europe correspondent at the Thomson Reuters Foundation based in Brussels covering politics, culture, business, climate change, society, economies and inclusive tech. With specific focus in breaking news, she has covered some of the world's most significant stories.