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Shree Cements Ltd.
18 Nov 2020
SMC online
Shree Cement Q2 Results: Profit Rises 77% Led By Lower Costs Shree Cement Ltd.'s quarterly profit rose amid lower expenses and depreciation. Net profit increased 70% year-on-year to Rs 526.97 crore in the quarter ended September. Revenue rose 8% year-on-year to Rs 3249.93 crore. The company operating margins up by 163 bps to 30.76%. As a result operating profit was up by 14% to Rs 999.73 crore. Profit before interest,...
Prabhudas Lilladhar upgraded Shree Cements Ltd. to Hold with a price target of 30001.0 on 05 Aug, 2025.
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