Shree Cement, on Wednesday, announced financial results for the quarter ended on March 31, 2025. Shree Cement share price was trading 1.43 per cent higher at ₹30,575 per share on May 14.
Shree Cement reported standalone net profit of ₹556 crore for the period, marking a 16 per cent drop compared to ₹662 crore same period a year ago.
Meanwhile, revenue from operations rose over 3.3 per cent to ₹5240.15 crore in the March quarter, as compared to ₹5072.68 last year same period.
The company’s EBITDA for the quarter grew 4.1% year-on-year, reaching ₹1,381 crore. The EBITDA margin increased by 20 basis points year-over-year, rising to 26.36% from 26.17%.
Shree Cement has announced a dividend of ₹60 per share, on top of the ₹50 per share declared in February of the previous year. “The Board of Directors of the Company has recommended a final dividend of ₹60 per share, in addition to interim dividend of ₹50 per share for the year 2024-25 declared in January, 2025. The final dividend shall be subject to approval of members in the next Annual General Meeting,” the company said in a release on May 14.
The company reported cement and clinker sales of 9.84 million tonnes in the March quarter, marking its highest-ever quarterly volume.
“We are pleased to report a strong finish to FY25, with growth across key financial metrics. Our continued focus on premium products and operational efficiency has enabled us to deliver improved profitability. As we move into FY6, we remain optimistic about improved cement demand and will therefore continue to drive our strategic initiatives of premiumization, geo-mix and cost optimization. We remain committed to growth, sustainability, and value creation for our stakeholders," said Neeraj Akhoury, Managing Director of Shree Cement.
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