Shree Cement Q1 net up four-fold to Rs.508 cr

Shree Cement has reported an over four-fold jump in its standalone net profit at Rs 507.67 crore for the quarter ended June 30, 2016. The firm had clocked a net profit of Rs 104.11 crore in the year-ago period. Total standalone income of the company rose by 45 per cent to Rs 2,494.22 crore in April-June quarter this fiscal from Rs 1,724.59 crore during the same quarter in 2015-16. Total expenses were higher at Rs 1,891.60 crore from Rs 1,606.07 crore during the period under review. Contact: Shree Cement. Tel: 01462-228 101. Website: www.shreecement.in