Shree Cement Q2 Results: Profit tanks 81% YoY to ₹93 crore

Shree Cement Q2 Results: Profit tanks 81% YoY to ₹93 crore

Higher-than-expected sales volumes helped offset low costs of the essential building material, as India’s Shree Cement exceeded second-quarter profit projections on Monday. With a net profit of 931.3 million rupees ($11 million) for the three months ending September 30, the nation’s third-largest cement manufacturer by market capitalization reported an 81% decrease from the same period […]

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