Shree Cements Studies Two-Fold Bounce In Q3 Revenue To Rs 632 Crore

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oi-Olga Robert

By Workers

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On Saturday, Shree Cements reported over two-fold soar in consolidated internet revenue to Rs 631.58 crore for the December-ended quarter.

It had reported a internet revenue of Rs 311.83 crore in October-December 2019 interval, Shree Cements stated in a submitting to BSE.

Shree Cements Reports Two-Fold Jump In Q3 Profit To Rs 632 Crore

Its income from operations was up 12.57% to Rs 3,541.38 crore through the quarter underneath overview as in opposition to Rs 3,146.01 crore within the year-ago interval.

Complete bills had been at Rs 2,797.24 crore as in opposition to Rs 2,801.89 crore.

In the meantime, in a separate submitting, Shree Cements stated its board has reappointed Hari Mohan Bangur as Managing Director of the corporate for an additional interval of 5 years.

His reappointment comes into impact from 1 April 2021 and could be topic to the approval of the shareholders.

The corporate operates available in the market with manufacturers Bangur Cement, Shree Cement, Shree Jung Rodhak and Rockstrong.

It additionally operates within the energy sector and produces Autoclaved Aerated Concrete (AAC) blocks.

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