Mumbai : Shree Cement, India’s third largest cement group by capacity, today announced its financial results for the quarter ended on 30 June, 2025. The Company reported ₹4,948 Crore of revenue, up by 2%, ₹ 1,229 Crore of Operating profit (EBITDA), up by 34% and ₹ 619 Crore of net profit, up by 95%, reflecting a healthy performance over the corresponding quarter of previous year.

Financial Highlights (Standalone)

₹ in Crore

ParticularsQuarter ended
30th June, 202530th June, 2024% Change
Net Revenue from Operations4,9484,8352%
Operating Profit (EBITDA)1,22991634%
Profit after Tax61931895%
Cash Profit1,16193824%

Operational highlights

  • Q1’FY26 net revenue marginally up by 2% from ₹ 4,835 Crore to ₹ 4,948 Crore
  • Total sale volume stood at 89.5 lakh tonnes
  • Operating Profit (EBITDA) jumped by 34% from ₹ 916 Crore to ₹ 1,229 Crore
  • Sale of premium products improved further to 17.7% of trade sale volume vs 15.6% in Q4’FY25

UAE business performance

The performance of the Company’s UAE operations have been consistently improving over last two years. During the quarter ended 30th June, 2025, the operations recorded revenue of AED 181.19 million representing growth of 19% YoY, while the operating profit (EBITDA) surged by 397% from AED 9.02 million to AED 44.86 million on YoY basis. Looking to the healthy demand environment, Union Cement Company (UCC) has recently announced its plan of increasing its cement capacity by 3.0 MTPA with an investment of AED 110 million.

Mr. Neeraj Akhoury, Managing Director, Shree Cement Ltd. said, “We are pleased to report a strong start to the financial year 2025–26, with robust performance in the first quarter reflecting the resilience of our business model and the dedication of our teams across the organisation. Our revenue and profitability have shown healthy year-on-year growth, driven our sustained focus on pricing, premiumisation, operational efficiencies, and disciplined cost management.

He further added “This quarter’s results reaffirm our strategic focus on innovation, sustainability, and customer-centricity. We continue to invest in green technologies, digital transformation, and capacity expansion to meet the evolving needs of our stakeholders. As we move forward, we remain committed to delivering long-term value while contributing meaningfully to India’s growth story.”

Capex Plans

The Company’s ongoing projects of integrated cement unit in Jaitaran, Rajasthan (3.0 MTPA) and Kodla, Karnataka (3.0 MTPA) are progressing as per schedule. Upon commissioning of the same, the Company’s total cement production capacity shall increase to 68.8 MTPA. The Company is continuously exploring various opportunities to increase its capacity to reach its goal of 80 MTPA by 2028.