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VERIFIEDMint Companies·negative
Shree Cement Q1 profit falls as West Asia disruptions drive up fuel costs
AI Summary
- ·Shree Cement's Q1 profit declined due to increased fuel costs stemming from West Asia disruptions.
- ·Despite the profit fall, the company experienced strong volume growth.
- ·Profitability is anticipated to improve from Q2, contingent on stable geopolitical tensions.