Shree Cement Q4 Results | Standalone profit falls 16% YoY to Rs 645 crore; revenue grows 3.6% to Rs 4,099... - Moneycontrol

5/21/2022 12:00:00 AM2 years 11 months ago
by Gaurav Sharma

The sequential growth was aided by higher volumes and better realizations during the quarter. The year-on-year decline in profit was due to surge in power & fuel costs and the high base of last year’s quarter.

Shree Cement Limited on May 21 reported a 16 percent decline in standalone net profit of Rs 645 crore in the fourth quarter of FY22, as against Rs 768 crore recorded a year ago. On a sequential basis… [+2552 chars]

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Shree Cement Q4 Results | Standalone profit falls 16% YoY to Rs 645 crore; revenue grows 3.6% to Rs 4,099... - Moneycontrol

The sequential growth was aided by higher volumes and better realizations during the quarter. The year-on-year decline in profit was due to surge in power &amp; fuel costs and the high base of last year’s quarter.

The sequential growth was aided by higher volumes and better realizations during the quarter. The year-on-year decline in profit was due to surge in power & fuel costs and the high base of last year’s quarter.