Revenue from operations in the reporting second quarter jumped 19% year-on-year (YoY) to Rs 4,800 crore, compared with Rs 4,038 crore in the year-ago quarter.
Operating profit or EBITDA for the quarter jumped 64% YoY to Rs 886 crore. The total sales volume increased 10% year-on-year to 8.2 million tonnes in the July-September period.
The strong operating show was on the back of double-digit volume growth and improved operational metrics.
The capacity utilization during the quarter improved to 71% from 65% on YoY basis. The sale of premium products rose to 9.5% versus 7.5% of total trade sales YoY.
“In our transformation journey, we have made significant progress on establishing world-class operational benchmarks, enhanced brand equity, and reduced environmental footprints. We continually improve our volumes quarter over quarter,” said Neeraj Akhoury, MD, Shree Cement.
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