India's Shree Cement tops profit view on cost control
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 04 2025
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Source: Reuters
Shree Cement's Financial Performance: Shree Cement reported a nearly doubled net profit of 6.19 billion rupees for the first quarter, exceeding analyst expectations, despite a decline in sales volumes and operating revenue that fell short of estimates.
Market Context and Price Trends: The cement industry faced seasonal weakness due to summer heat and monsoon rains, leading to a 6.3% drop in sales volumes; however, an increase in cement prices helped mitigate losses and benefited competitors like UltraTech Cement and Ambuja Cements.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
