Shree Cement’s Q1 net halves on high power and fuel costs
The company reported a consolidated top line of Rs 4,415 crore, up 22% year-on-year. However, consolidated profit declined by 56% to Rs 280 crore.Earnings before interest, tax, depreciation and amortisation (EBITDA) declined by 22% to Rs 801 crore. EBITDA margin narrowed by 10 percentage points to 18.1%.
