Kolkata’s biggest building-materials company clocked a consolidated profit of Rs 527.53 crore for the March quarter. Revenue from operations rose more than 10% on year to Rs 6,101 crore, underpinned by an 11% growth in sales volumes to 10.56 million tonnes.
“Cost pressures persisted due to the impact of the West Asia conflict,” managing director Neeraj Akhoury said in a statement.
The company said demand in the short-term could be soft. “The geo-political conflict in West Asia and forecast of moderate monsoon conditions may act as headwinds for the sector and impact its growth momentum in the short term,” it said.
Earnings before interest, tax, depreciation and amortization (EBITDA) fell 6% on year to Rs 1,485.15 crore during the quarter, weighed down by an over 12% increase in total expenses to Rs 5,535.22 crore. Of this, the cost of power and fuel rose by 11% to Rs 1,403.77 crore.
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Shree Cement reported its earnings after market hours, and its shares closed at Rs 24,954.15 rupees on the BSE, up 0.3% from the previous close. The company also announced a dividend of Rs 70 per share.
For fiscal 2026, Shree Cement made a consolidated profit of Rs 1,748.66 crore on a revenue of Rs 20,943.47 crore. EBITDA for the period rose to Rs 5,298.69 crore from Rs 4,523.25 crore a year earlier.During the March quarter, Shree Cement commissioned an integrated project of 3.65 million tonne clinker capacity and 3.5 million tonne cement capacity at Kodla in Karnataka, taking its installed cement production capacity in India to 69.3 million tonne.
“The company continues to actively and strategically pursue multiple expansion opportunities, currently at various stages of pre-project development, to accelerate capacity build-up and firmly position to achieve its growth milestones,” it said.