Shree Cement : Q1FY18 Result

DSIJ Intelligence / 31 Jul 2017

Shree Cement : Q1FY18 Result

The company's total sales for Q1FY18 came in at Rs 2,864.5 crore, which represents a 6.7 per cent sequential increase and 16.1 per cent YoY increase.

Shree Cement reported its results for the quarter ended June 30, 2017 on Monday.

The company's total sales for Q1FY18 came in at Rs 2,864.5 crore, which represents a 6.7 per cent sequential increase and 16.1 per cent YoY increase.

Its operating profit (EBIT) for the quarter amounted to Rs 448.8 crore and its EBIT margin stood at 15.7 per cent.

The company reported PAT of Rs 440.1 crore, which represents a sequential QoQ increase of 44.5 per cent and a YoY decline of 13.3 per cent.

The stock today opened at Rs 17,777.70 and touched an intra-day high and low of Rs 18,240 and Rs 17,259.15, respectively, on the BSE.