Shree Cement Q2 beats the Street despite steep drop in net profit

6 days ago  · Shree Cement Q2 beats the Street despite steep drop in net profit. Shree Cement Q2 Results | The EBITDA margin stood at 15.9% compared to 17.1% in the prior-year period, …


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Shree Cement Q2 Beats The Street Despite Steep Drop In Net Profit

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6 days ago  · Shree Cement Q2 beats the Street despite steep drop in net profit. Shree Cement Q2 Results | The EBITDA margin stood at 15.9% compared to 17.1% in the prior-year period, …

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India's Shree Cement Beats Q2 Profit View On Higher-than …

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6 days ago  · The country's third-biggest cement maker by market capitalisation reported a net profit of 931.3 million rupees ($11 million) for the three months ended Sept. 30, down 81% …

reuters.com

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Shree Cement Q2 Results Live: Profit Falls By 82.89% YOY

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5 days ago  · Shree Cement Q2 Results Live The company's topline decreased by 15.54% year-over-year, while profit plummeted by an alarming 82.89%. In comparison to the previous …

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Shree Cement Q2 Results: Profit Plunges Over 80% To Rs 93 Crore …

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5 days ago  · Kolkata-based Shree Cement’s profit plunged more than 80% on year to Rs 93.13 crore in the September quarter, weighed down by weakness in both demand and prices for the …

indiatimes.com

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Shree Cement Q2 Results: Profit Tanks 81% YoY To ₹93 Crore But …

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6 days ago  · Shree Cement Q2 Results: The cement maker reported a net profit of 931.3 million rupees for Q2, down 81% year-on-year, but above analyst expectations. Revenue fell 18% to …

livemint.com

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Shree Cement Hits 52-week Low After Q2 PAT Dives 81% YoY

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5 days ago  · Shree Cement declined 1.38% to Rs 24,082.65 after the cement maker's standalone net profit tumbled 81.05% to Rs 93.13 crore on 18.27% decrease in revenue from operations …

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SHREE CEMENT LIMITED

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Shree Cement Limited, Indias third largest cement group, today announced its financial results for the ... Operating Profit (EBIDTA) 870 523 933 66% -7% Profit after Tax 491 190 581 159% …

shreecement.com

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India's Shree Cement Beats Q2 Profit View On Strong Infra Demand

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Nov 7, 2023  · Shree Cement, India's second-biggest cement company by market capitalisation, said gross revenue from operations rose nearly 20% to 57.61 billion rupees, while total sales …

reuters.com

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Q2 Results Spark Concerns: Shree Cement’s Profit Drops 81% YoY

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5 days ago  · Shares of Shree Cement experienced a sharp decline on November 12 after the cement giant reported an 81% year-on-year drop in its net profit for Q2, bringing in just ₹93.1 …

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FAQs about Shree Cement Q2 beats the Street despite steep drop in net profit Coupon?

How did Shree Cement perform in Q2 2024?

Bangur family-promoted Shree Cement Ltd on Monday (November 11) reported an 81% year-on-year (YoY) decline in net profit at ₹93.1 crore for the second quarter that ended September 30, 2024. In the corresponding quarter of the previous fiscal, Shree Cement posted a net profit of ₹491.3 crore, the company said in a regulatory filing. ...

Why did Shree Cement decline 1.38% in Q2 fy25?

Shree Cement declined 1.38% to Rs 24,082.65 after the cement maker's standalone net profit tumbled 81.05% to Rs 93.13 crore on 18.27% decrease in revenue from operations to Rs 3,727 crore in Q2 FY25 over Q2 FY24. ...

How did Shree Cement perform in June quarter?

The company’s net revenue from operations fell 18% on year to Rs 3,727 crore, while earnings before interest, tax, depreciation and amortization fell 32% on year to Rs 593 crore. As compared to the June quarter, Shree Cement’s net revenue fell 23%, its EBITDA was 35% lower, while profit slumped 71%. ...

Why did Shree Cement's profit fall 80%?

Kolkata-based Shree Cement ’s profit plunged more than 80% on year to Rs 93.13 crore in the September quarter, weighed down by weakness in both demand and prices for the building material during the three-month period. ...

What was Shree Cement's net profit?

In the corresponding quarter of the previous fiscal, Shree Cement posted a net profit of ₹491.3 crore, the company said in a regulatory filing. The CNBC-TV18 poll had predicted a profit of ₹80 crore for the quarter under review. ...

What happened to Shree Cement Ltd shares?

Shares of Shree Cement Ltd ended at ₹24,389.75, up by ₹162.15, or 0.66%, on the BSE. Bangur family-promoted Shree Cement Ltd on Monday (November 11) reported an 81% year-on-year (YoY) decline in net profit at ₹93.1 crore for the second quarter that ended September 30, 2024. ...

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