Shree Cement reported a 95% jump in Q1 net profit to ₹619 crore, supported by strict cost control and steady pricing across its markets. Although revenue grew modestly by 2%, the company’s operating margins improved significantly, reflecting efficiency in logistics and fuel procurement.
The cement major also benefited from infrastructure-led demand and government spending on housing projects. Analysts noted that the company’s strong balance sheet and capacity expansion plans will help sustain growth.
Management remains optimistic about future quarters, especially with cement demand expected to stay robust in the near term.
