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News Shree Cement profits fall in 2024

Shree Cement profits fall in 2024

Written by Global Cement staff 31 January 2025
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India: Shree Cement has reported that, in the third quarter of the 2025 financial year, its profit after tax fell by 72%, to US$22.4m, down from US$81m in the previous corresponding period. The company’s net consolidated total income declined by 12% year-on-year to US$540m, whilst sales volumes increased by 15% to 8.77Mt compared to the second quarter of the 2025 financial year. The company plans to commission its ongoing expansion projects in Rajasthan, Karnataka, Chhattisgarh and Uttar Pradesh in the first quarter of the 2025-2026 financial year.

Last modified on 05 February 2025
Published in Global Cement News
Tagged under
  • India
  • Shree Cement
  • Results
  • Asia
  • GCW695
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