Shree Cement Q2 Profit Drops 15% to Rs 263 Crore Due to Fuel Costs
Shree Cement's net profit for the September quarter fell over 15% year-on-year to Rs 263 crore, marking the third consecutive quarterly decline. Despite a 24% rise in revenue and a 14% increase in sales volumes, higher fuel costs pressured profitability, even with stronger sales of premium products.
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