Cement & Cement Products company Shree Cements announced Q2FY25 results Total sale volumes down by 7% from 8.20 million tonnes to 7.60 million tonnes on YoY basis. Power & fuel cost optimized by 27% from Rs 1,371 crore to Rs 1,001 crore due to softer fuel prices. EBITDA stood at Rs 593 crore against Rs 870 crore in the corresponding quarter of the previous year. Led by cost optimization and efficiency measures, total expenditure (excluding depreciation and interest) came down from Rs 4,503/ tonne to Rs 4,122/ tonne on YoY basis. DJSI CSA score 2024 improved to 73 from 62 in year 2023. Sale of premium products stood at 15% of total trade sale volume. Neeraj Akhoury, Managing Director, Shree Cement, said: “Despite strong headwinds on account of extended monsoon and softer pricing environment across the industry, Shree Cement has delivered a steady performance on the back of accelerated operational efficiency measures, focused cost optimisation drive and product premiumisation initiatives.” "The company expects gradual improvement in demand driven by increased government spending in the second half of the financial year and improved demand from urban and rural segments owing to good monsoon. Shree Cement remains focused on its long-term growth and sustainability, with ongoing investments in capacity expansion and the adoption of greener technologies.” Result PDF