Shree Cement standalone net profit declines 54.07% in the March 2017 quarter

Sales rise 19.08% to Rs 2380.26 crore

Net profit of Shree Cement declined 54.07% to Rs 304.51 crore in the quarter ended March 2017 as against Rs 663.03 crore during the previous quarter ended March 2016. Sales rose 19.08% to Rs 2380.26 crore in the quarter ended March 2017 as against Rs 1998.80 crore during the previous quarter ended March 2016.

For the full year,net profit rose 17.14% to Rs 1339.11 crore in the year ended March 2017 as against Rs 1143.13 crore during the previous year ended March 2016. Sales rose 52.88% to Rs 8429.16 crore in the year ended March 2017 as against Rs 5513.64 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2380.261998.80 19 8429.165513.64 53 OPM %21.4726.62 -28.0825.52 - PBDT630.73978.40 -36 2745.522003.82 37 PBT319.88672.24 -52 1530.811176.25 30 NP304.51663.03 -54 1339.111143.13 17

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