Shree Cement reports a 16% drop in net profit despite record sales volume and revenue rise.

Shree Cement, India's third-largest cement company, reported a 16% drop in net profit to ₹556 crore for the March quarter of FY25, despite a 3.3% rise in revenue to ₹5,240 crore. The company logged its highest-ever sales volume at 9.84 million tons, with premium products accounting for 15.6% of sales. Shree Cement remains optimistic about future growth, citing infrastructure projects and real estate momentum as key drivers.