Shree Cement 3Q net profit rises

Shree Cement 3Q net profit rises
Published: 28 January 2009

India’s Shree Cement Ltd Wednesday said its third quarter net profit jumped to INR1.24bn from INR350.34m a year earlier.

Net sales for the quarter ended Dec. 31 was INR6.65bn, up from INR5.30bn a year earlier.

The company had operating margins of 37% for the quarter, Chairman and Managing Director H.M. Bangur told Dow Jones Newswires