Shree Cement has reported results for second quarter ended December 31, 2013.
The company has reported 46.88% fall in its net profit at Rs 115.49 crore for the quarter as compared to Rs 217.44 crore for the same quarter in the previous year. Total income from operations of the company has decreased by 7.22% at Rs 1328.03 crore for quarter under review as compared to Rs 1431.43 crore for the quarter ended December 31, 2012.
Shree Cement (SCL), belonging to B G Bangur - H M Bangur faction of Bangur family of Kolkata, is engaged in manufacturing of cement and power generation. SCL’s eight cement plants in Rajasthan and one grinding unit in Uttrakhand have an aggregate capacity of 13.5 mn tonnes p.a. (PPC; OPC capacity -9 mn tonnes p.a.).
The company has reported 46.88% fall in its net profit at Rs 115.49 crore for the quarter as compared to Rs 217.44 crore for the same quarter in the previous year. Total income from operations of the company has decreased by 7.22% at Rs 1328.03 crore for quarter under review as compared to Rs 1431.43 crore for the quarter ended December 31, 2012.
Shree Cement (SCL), belonging to B G Bangur - H M Bangur faction of Bangur family of Kolkata, is engaged in manufacturing of cement and power generation. SCL’s eight cement plants in Rajasthan and one grinding unit in Uttrakhand have an aggregate capacity of 13.5 mn tonnes p.a. (PPC; OPC capacity -9 mn tonnes p.a.).
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