iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Shree Cement Q3 PAT falls 24% YoY to Rs 482 cr

7 Feb 2022 , 08:45 AM

Consolidated net sales grew 2.2% to Rs 3,637.11 crore in Q3 FY22 over Q3 FY21. Profit before tax stood at Rs 619.84 crore in Q3 FY22, 27.3% lower from Rs 852.14 crore recorded in Q3 FY21.

Total expenses spiked by nearly 15% to Rs 2,791 crore in Q3 FY22 from Rs 2,430 crore posted in the same quarter last year.

Shree Cement said looking at the present situation of the pandemic, the extent to which the same will impact the companys future financial results is currently uncertain and will depend on further developments.

Meanwhile, the companys board declared an interim dividend of Rs 45 per equity share for the financial year ended 2021-22.

Shree Cement is one of Indias top three cement producers. Its portfolio of products includes Shree Jung Rodhak Cement, Bangur Cement, Roofon and Rockstrong Cement. It also has an installed power generation capacity of 752 megawatts which includes waste heat recovery power, solar power, wind power along with others.

Shares of Shree Cement ended 0.54% lower at Rs 24,704.25 on Friday. The result was announced after market hours on Friday.

Powered by Capital Market – Live News

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.