Shree Cement Q4 earnings: Net profit declines 16%, EBITDA jumps 4%; company announces dividend of ₹60/share

Shree Cement on Wednesday, May 14, reported net profit of ₹556 crore in January-March quarter, marking a decline of 16% from ₹662 crore in the same period last year.

Its revenue from operations rose 3.3% annually to ₹5,240 crore as against ₹5,073 crore in the year-ago period.

The Kolkata-based company reported stable operational performance as its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) also known as operating profit rose 4.1% to ₹1,381.45 crore from ₹1,327 crore.

Its EBIDTA margin improved by 20 basis points to 26.36% at the end of March quarter.

The company’s total cement and clinker sale volume reached to 9.84 million tonnes, which is the ever-highest quarterly volume, Shree Cement said in a press release. Sales of its premium products stood at 15.6% of trade sale volume as against 11.9% in Q4FY24.

“We are pleased to report a strong finish to FY25, with growth across key financial metrics. Our continued focus on premium products and operational efficiency has enabled us to deliver improved profitability. As we move into FY6, we remain optimistic about improved cement demand and will therefore continue to drive our strategic initiatives of premiumization, geo-mix and cost optimization. We remain committed to growth, sustainability, and value creation for our stakeholders,” said Neeraj Akhoury, Managing Director of Shree Cement.

In April 2025, the company commissioned a cement grinding unit in Etah, Uttar Pradesh (3.00 MTPA) (through its wholly owned subsidiary) and another cement grinding unit at Baloda Bazar, Chhattisgarh (3.40 MTPA). This has taken group’s total installed cement production capacity to 62.8 MTPA in India. Company’s other ongoing projects of integrated cement unit in Jaitaran, Rajasthan and Kodla, Karnataka are scheduled for commissioning by end of Q1’FY26 and Q2’FY26 respectively, the Kolkata-based company said.

During the quarter, the company also undertook capacity up-gradation work of clinker unit in Nawalgarh, Rajasthan and enhanced its capacity from 3.80 MTPA to 4.50 MTPA. The company is continuously working to identify suitable opportunities to reach its goal of achieving > 80 MTPA capacity by 2028, Shree Cements added.

The company’s board recommended a final dividend of ₹60 per share.

Meanwhile, the company has said that during the current financial year, the cement industry is expected to achieve 6.5-7.5% demand growth fuelled by infrastructure projects, rural recovery and real estate momentum.

“While there are external challenges in terms of geo-political conflicts and trade-barriers by key economies, ability of the industry in general and Shree Cement in particular to balance growth with sustainability and cost efficiency will be critical to building a new India,” Shree Cement said.

Shares of Shree Cement ended 2.20% higher at ₹30,866, outperforming the SENSEX which ended 0.22% higher.