| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 4.6K | 12.8% |
| Total Income | 4.7K | 10.6% |
| Expenditure | 4.5K | 5.8% |
| PBT | 224.71 | 865.3% |
| Net Profit | 193.72 | 152.8% |
| OPM | -16.12% | 6.81pp |
| NPM | 4.14% | 2.33pp |
| EPS | 268.34 | 32.6% |
Shree Cement Reports INR 4,235 Crore of Revenue and INR 947 Crore of EBITDA for Q3 FY25
30 Jan 2025 · 30 Jan 2025, 10:20 pm
Summary
Shree Cement, India’s third largest cement group by capacity, announced its financial results for the quarter and nine months ended on 31st December, 2024. The Company reported INR 4,235 crore of revenue and INR 947 crore of EBITDA. Total sale volumes increased by 15% from 7.60 million tonnes to 8.77 million tonnes on a QoQ basis. The Company’s ongoing expansion projects in Jaitaran, Rajasthan (6.0 MTPA), Kodla, Karnataka (3.00 MTPA), Baloda Bazar, Chhattisgarh (3.40 MTPA), and Etah, Uttar Pradesh (3.00 MTPA) are nearing completion.
Key Highlights
- 1
60% quarterly EBITDA growth led by robust performance on cost and price levers
- 2
15% QoQ increase in total sale volumes
- 3
9% QoQ reduction in power & fuel cost due to softer fuel prices and operational efficiency
- 4
Ongoing expansion projects in Rajasthan, Karnataka, Chhattisgarh, and Uttar Pradesh nearing completion
- 5
The Company remains committed to increasing the volume of premium product offerings and maintaining focus on further cost optimization
Management Comments
Mr. Neeraj Akhoury
Managing Director of Shree Cement Ltd.
Our strategy of prioritizing premium, high value products coupled with sharp focus on brand enhancement, strengthening the dealer network and optimizing the geo-mix has enabled us to improve our sale volumes. The results of our continued emphasis on operational excellence, efficiency improvements, and cost optimization are evident in our streamlined production costs this quarter. Looking ahead, we remain committed to increasing the volume of our premium product offerings and maintaining our relentless focus on further cost optimization.
Informational and educational content only. Not investment advice.