Q3FY17 results: Shree Cement
Bhagyashree Vivarekar / 30 Jan 2017
Shree Cements Ltd. reported its results for the quarter ended December 31, 2016 after market hours today. The total sales for Q3FY17 came in at Rs 2091.18 crore, which represents a 7.22 per cent sequential decline and 3.24 per cent YoY increase
Shree Cements Ltd. reported its results for the quarter ended December 31, 2016 after market hours today.
The total sales for Q3FY17 came in at Rs 2091.18 crore, which represents a 7.22 per cent sequential decline and 3.24 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 151.33 crore and the EBIT margin stood at 7.24 per cent.
The company reported PAT of Rs 235.43 crore, which represents a sequential QoQ decline of 19.23 per cent and a YoY increase of 0.72 per cent.
The Board of the company also declared a one-time special dividend of Rs 100 per share of the face value of Rs 10.
Shree Cement Limited is an India-based cement manufacturing company. The company operates in two segments: cement and power. The company sells cement under the brands of Shree Ultra, Bangur and Rockstrong