Shree Cement net up 70 per cent

Shree Cement net up 70 per cent
Published: 18 January 2006

Shree Cement reported a 70 per cent increase in its net profits for the quarter ended December 31, 2005, at Rs 27.95 crore from Rs 16.49 crore in the same period last year. Total income increased by 7.49 per cent from Rs 134.83 crore to Rs 144.99 crore. The Rajasthan-based company saw a 7.37 per cent growth in its net sales at Rs 144.28 crore for the third quarter, as against Rs 134.39 crore in the same period last year. Gross profit went up by 7.49 per cent to Rs 40.55 crore from Rs 35.25 crore.