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Shree Cement consolidated net profit rises 57.60% in the March 2020 quarter

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Capital Market

Sales decline 2.13% to Rs 3415.14 crore

Net profit of Shree Cement rose 57.60% to Rs 535.93 crore in the quarter ended March 2020 as against Rs 340.05 crore during the previous quarter ended March 2019. Sales declined 2.13% to Rs 3415.14 crore in the quarter ended March 2020 as against Rs 3489.35 crore during the previous quarter ended March 2019.

For the full year,net profit rose 52.61% to Rs 1535.85 crore in the year ended March 2020 as against Rs 1006.39 crore during the previous year ended March 2019. Sales rose 2.50% to Rs 12868.39 crore in the year ended March 2020 as against Rs 12554.65 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales3415.143489.35 -2 12868.3912554.65 3 OPM %30.9425.61 -29.2122.25 - PBDT1081.03872.20 24 3742.072795.58 34 PBT616.36423.94 45 1934.261323.77 46 NP535.93340.05 58 1535.851006.39 53

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First Published: May 08 2020 | 5:07 PM IST

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