Shree Cement announced a marginal rise in standalone net profit for the quarter ended December 2016. During the quarter, the profit of the company rose 0.72% to Rs 2,354.30 million from Rs 2,337.50 million in the same quarter last year.
Revenues for the quarter rose marginally 3.24% to Rs 20,911.80 million, compared with Rs 20,255 million for the prior year period.
Operating margin for the quarter stood at 22.43 percent as compared to 22.64 percent for the previous year period. Operating Income for the quarter was Rs 4,689.50 million, compared with Rs 4586.4 million in the previous year period.
Earnings per share for the quarter stood at Rs 67.58, registering 0.72% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Dec - 16 | Dec - 15 | %Change |
| Revenues | 20,911.80 | 20,254.90 | 3.24 |
| Net Profit | 2,354.30 | 2,337.50 | 0.72 |
| Diluted EPS | 67.58 | 67.10 | 0.72 |
Shares of the company declined Rs 58.3, or 0.37%, to trade at Rs 15,619.00. The total volume of shares traded was 430 at the BSE (11.54 a.m., Tuesday).
