Shree Cement April-June net profit up 29 per cent
India’s Shree Cement Ltd. on Thursday posted a 29 per cent rise in April-June net profit on improved price realisation and sales, beating analyst expectations.
A company official said total sales volumes during the quarter went up by 22 per cent while net price realisation went up by 13 percent.
There was also a savings of 27 percent in the company’s interest costs thanks to prepayment of some loans, Executive Director, M.K. Singhi said.
Published under Cement News
