
Shree Cement Q2 FY27 Revenue Up 24% to ₹5,897 Cr
Shree Cement announced its financial results for the quarter ended September 30, 2026, reporting a consolidated revenue growth of 24% year-on-year, reaching ₹5,897 Crore from ₹4,761 Crore in the same period last year. Total domestic sale volume (cement and clinker) increased by 18% YoY to 9.31 million tonnes. Consolidated EBITDA saw a modest 4% rise to ₹1,016 Crore, though EBITDA per ton declined by 8% to ₹966 due to higher fuel prices. The company's premium product portfolio strengthened, contributing 28.7% of total trade volume. A step-down subsidiary in UAE commissioned a new cement mill, adding 3.0 million tonnes per annum capacity. Shree Cement also highlighted its sustainability efforts, with 65.2% of its electricity consumption from green sources and all manufacturing locations achieving Zero Liquid Discharge.
Key Highlights
- Consolidated revenue grew 24% YoY to ₹5,897 Crore.
- Domestic sale volume increased 18% YoY to 9.31 million tonnes.
- Premium product share rose to 28.7% of trade volume.
- UAE subsidiary commissioned a new 3.0 MTPA cement mill.
- Green electricity share in consumption reached 65.2%.
Price Impact
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