Shree Cement's net profit increases by 37%
Shree Cement reported a growth of 37 per cent in its net profit during the quarter ended June 2019. Its profit after tax (PAT) stood at Rs 382.28 crore as against Rs 279.36 crore it recorded in Q1 FY19. The total income of the company stood at Rs 3,354.75 crore during the said quarter, a growth of 6 per cent from Rs 3,163.80 crore it registered in the similar quarter last year. Of the total, its revenue from cement segment was Rs 3,115.08 crore in Q1 FY20 as against Rs 2869.69 crore recorded in corresponding quarter previous fiscal, registering a growth of 9 per cent.
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