Shree Cement Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 65,161.3 million compared to INR 54,367.7 million a year ago. Revenue was INR 53,706.5 million compared to INR 44,733.8 million a year ago. Net income was INR 7,018.9 million compared to INR 2,820.7 million a year ago. Basic earnings per share from continuing operations was INR 194.54 compared to INR 78.18 a year ago.
For the nine months, sales was INR 188,276.1 million compared to INR 160,780.3 million a year ago. Revenue was INR 155,366.6 million compared to INR 130,655 million a year ago. Net income was INR 17,208.2 million compared to INR 7,449.3 million a year ago. Basic earnings per share from continuing operations was INR 476.94 compared to INR 206.46 a year ago.