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VERIFIEDET Markets·negative
Shree Cement profit falls 15% YoY to Rs 263 crore on higher fuel costs
AI Summary
- ·Shree Cement's September-quarter net profit declined 15% year-on-year to Rs 263 crore.
- ·Revenue increased by 24% and sales volumes grew by 14% during the quarter.
- ·Higher fuel costs impacted profitability despite increased sales of premium products.