Shree Cement Profit Surges 83% YoY

Shree Cement Profit Surges 83% YoY
09/05/2020 , by , in ALLIED

Shree Cement on Friday posted a 83.25 per cent year-on-year (YoY) rise in net profit at Rs 588.15 crore for the quarter ended March 31. Revenue of the company, however, declined 2 per cent YoY to Rs 3,217.54 crore during the quarter under review. Total expenditure declined to Rs 2,647.51 crore in Q4FY20 from Rs 2,927.33 crore in Q4FY19.

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