Shree Cements Records Q3 FY24 Profit of Rs 7.0185 Bn

01 Feb 2024 CW Team

Shree Cements, a leading player in the cement industry, has announced a strong financial performance for the third quarter of the fiscal year 2023-24. The company reported a notable profit of Rs 7.0185 billion during this period, showcasing its resilience and efficiency in navigating the market dynamics.

The positive financial results are attributed to various factors, including effective cost management strategies and a favourable market environment. Shree Cements' focus on operational excellence and prudent financial decisions has contributed to its sustained growth and profitability in the competitive cement sector.

The Q3 FY24 profit announcement reflects the company's ability to capitalise on market opportunities and meet the demands of the construction and infrastructure sectors. Shree Cements continues to play a pivotal role in supporting the nation's development by providing essential construction materials.

As the construction industry remains a key driver of economic growth, Shree Cements' robust financial performance is indicative of its contribution to the overall economic landscape. The company's strategic approach and financial strength position it favourably in the market, reinforcing its status as a reliable and impactful player in the cement industry.

Real Estate

02 Jun 2026

Dash Square Adds Ashley Study Furniture

Dash Square has expanded its furniture portfolio with a curated study furniture collection from Ashley Furniture Homestore. The range is designed for contemporary homes where work, study and creative activities increasingly require dedicated and well-planned spaces.The collection includes writing desks, executive workstations, storage-led study units and display shelving. It combines practicality, comfort and design to create workspaces that are functional as well as visually appealing.One setting features a light-toned desk with coordinated bookcases and storage cabinets, creating a bright an..

Suraj Estate Arm Acquires Mahim Land Rights

Suraj Estate Developers, through its wholly owned subsidiary Iconic Property Developers, has signed an MoU to acquire development rights for a land parcel in Mahim (West), Mumbai, for Rs 75 crore. The plot measures around 2,941 sq m and is located next to the company’s ongoing commercial project, Suraj One Business Bay.After amalgamation with the existing commercial development, the land is expected to generate additional saleable carpet area of around 1.50 lakh sq ft, with an estimated gross development value of Rs 800 crore. The project is expected to strengthen the company’s near-to-med..

AGNI Launches Industry Benchmarking Drive

The Association of Global NICMARians (AGNI), the alumni body of NICMAR, hosted ASPIRE 2026 in Mumbai under the theme ‘Innovation to Transformation’. The symposium brought together professionals from construction, infrastructure, real estate and project management to discuss technology, AI, sustainability and data-led decision-making.At the event, AGNI announced its vision to emerge as an industry think tank and launched initiatives including an Industry Benchmarking Programme. It also proposed a digital ecosystem with tools for innovation impact assessment, salary benchmarking, company ben..