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VERIFIEDET Stocks·negative
Shree Cement profit falls 15% YoY to Rs 263 crore on higher fuel costs
AI Summary
- ·Shree Cement's September-quarter net profit decreased by over 15% year-on-year to Rs 263 crore.
- ·Revenue for the quarter increased by 24%, with sales volumes up by 14%.
- ·Higher fuel costs negatively impacted profitability despite increased sales of premium products.