Shree Cement Ltd's Profits Surge Fourfold Amid Strategic Premiumisation

Shree Cement Ltd, India's third-largest cement company by capacity, has reported a significant increase in its consolidated net profit, marking a more than fourfold rise to Rs 309.82 crore for the September quarter of FY26. This surge is attributed to a growth in sales volume and a strategic push towards premiumisation.

The company's revenue from operations saw a robust 17.43% increase, reaching Rs 4,761.07 crore during the same period. This was driven by a continued focus on volumes and a deliberate shift towards premium products. Premium products now account for 21.1% of trade, underlining the company's value-over-volume strategy.

Shree Cement is also advancing its capacity expansion plans, with significant projects underway in Rajasthan and Karnataka. Managing Director Neeraj Akhoury emphasized the company's resilience and commitment to enhancing shareholder value through disciplined execution and continuous innovation.