Shree Cement Q2 Results: Profit Doubles, Beats Estimates

Shree Cement Ltd.’s second-quarter profit doubled, beating analysts’ estimates.The cement manufacturer’s profit rose 2.4 times year-on-year to Rs 446.6 crore in the quarter ended September, according to an exchange filing on Tuesday. That compares with the Rs 328.1 crore consensus estimate of analysts tracked by Bloomberg.

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