Sales of premium products increased from 15% in the corresponding previous quarter to 22% of the total trading volume.Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) rose less than 2% to Rs 1,092.83 crore. EBITDA was impacted by a jump in employee costs to Rs 382.99 crore from Rs 276.30 crore a year ago. The company has recognized Rs 55.99 crore as additional liabilities for employee benefits in accordance with the revised labor laws.
“The quarter delivered stable performance despite a favorable demand environment,” Neeraj Akhoury, president of the company, said in a statement.
“With the government’s continued emphasis on infrastructure development and steady improvement in construction activities, we remain cautiously optimistic about demand in the coming quarters,” he said.
Shree Cement has an annual production capacity of 65.8 million tons. Work on the 3 million tonne integrated project at Kodla in Karnataka is almost complete and this plant is likely to be commissioned this quarter, the company said.
The company reported its profit after market hours and its shares closed at Rs 27,346.35 apiece on the BSE, up 0.5% from the previous close.
“India’s economic outlook remains resilient and the Union Budget 2026-27 has further strengthened growth prospects by increasing public investment to ₹12.2 lakh crore, keeping infrastructure – roads, railways and urban systems – at the heart of development, which is expected to drive demand for construction and cement projects,” it said.
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