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    HomeNewsBusinessEarningsShree Cements Q3 net profit up 140% at Rs 274 cr

    Shree Cements Q3 net profit up 140% at Rs 274 cr

    Shree Cements has announced its third quarter results. The company's Q3 net profit was up 139.72 percent at Rs 274 crore versus Rs 114.3 crore, year-on-year.

    April 29, 2013 / 16:46 IST

    Shree Cements announced its third quarter results wherein its net profit rose 139.72 percent to Rs 274 crore versus Rs 114.3 crore, year-on-year.

    Its revenues were up 7 percent at Rs 1,471.6 crore versus Rs 1,376.3 crore, Y-o-Y and EBITDA increased to Rs 405 crore versus Rs 373 crore, Y-o-Y. The company's operating magin increased to 28.6 percent versus 27.1 percent, Y-o-Y.

    Also read:  Cement cos March quarter top-line to grow by 8.1%: Angel

    Shree Cement informed the BSE that its Board of Directors in a meeting held on April 29, 2013, inter alia, declared Interim Dividend @ Rs 8 per Equity Share of Rs 10 each for the financial year 2012-13. The date of payment of dividend will start from May 07, 2013.

    first published: Apr 29, 2013 04:46 pm

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