Shree Cement has reported net profit of Rs 27.5 crore for the quarter ended December 2010, down 84% compared to Rs 167 crore in same period of last year.
Revenue too fell to Rs 780 crore from Rs 866 crore. Earning before interest, depreciation, tax and amortisation (EBIDTA) went down to Rs 160 crore from Rs 352 crore (YoY).
Average cement realisations fell 11% (YoY).
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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