Shree Cement Q2 Results: Profit tanks 81% YoY to  ₹93 crore but beats estimates on higher-than-expected volume growth | Stock Market News

Shree Cement Q2 Results: Profit tanks 81% YoY to ₹93 crore but beats estimates on higher-than-expected volume growth | Stock Market News

Source: Live Mint India’s Shree Cement topped second-quarter profit estimates on Monday, as higher-than-expected sales volumes helped mitigate low prices of the key construction material. The country’s third-biggest cement maker by market capitalisation reported a net profit of 931.3 million rupees ($11 million) for the three months ended Sept. 30, down 81% from year-ago. Analysts…

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