InvestorQ : What is your view on Shree Cements after the sharp profit growth shown by the company?
indhumathi Sayani made post

What is your view on Shree Cements after the sharp profit growth shown by the company?

Answer
user profile image
shrinidhi Rajan answered.
5 months ago


For the March 2020 quarter, Shree Cements reported at 83% growth in net profits to Rs.588 crore despite the muddle over COVID-19. Revenues for the quarter were lower by 2% at Rs.3218 crore due to weak demand and tepid infrastructure and housing investments. The profits were largely driven by sharp expenditure control during the quarter.