Shree Cement profit falls 15% YoY to Rs 263 crore on higher fuel costs
Shree Cement moved higher in a quarterly results development.
· ET Stocks, Economic Times Markets
Shree Cement’s September-quarter net profit fell over 15% year-on-year to Rs 263 crore for the third consecutive quarterly decline. Revenue rose 24% and sales volumes increased 14%, but soaring fuel costs pressured profitability despite stronger premium product sales.
The analysis
Shree Cement reported Rs 263 crore, with movement of 15%, 24% and 14% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +1.8% on the day at ₹22,735.00, and has returned -16.4% over three months. It sits 22% below its 52-week high. The cement & construction sector has moved -15.2% over the same period, so Shree Cement is running 1.2 points behind its peers.
For Shree Cement, the question is how much of this is already reflected in the price and how much re-rates the cement & construction peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- The company directly in focus is SHREECEM.
- Sector exposure: Cement & Construction.
- The immediate tone of coverage reads negative.
In this story
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