Shree Cement Q4 profit down 62 per cent

Shree Cement Q4 profit down 62 per cent

Shree Cement´s fourth quarter profit fell 62.5 per cent to Rs 104 crore compared to Rs 277 crore in the year-ago period, but overall earnings beat street expectations on strong growth in power business. Revenue grew by 4 percent to Rs 1,724.7 crore in June quarter from Rs 1,656.6 crore in the corresponding quarter of last fiscal.

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