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  1. Shree Cement share price falls 1% after company shares an update; all you need to know

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Shree Cement share price falls 1% after company shares an update; all you need to know

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2 min read | Updated on December 19, 2025, 09:37 IST

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SUMMARY

Shree Cement share price: The company said in its regulatory filing that its management has declared a lockout of the cement plant(s) of the company situated at Baloda Bazar, Raipur, Chhattisgarh, w.e.f. December 18, 2025, due to the non-cooperation of workmen.

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Shree Cement shares, Dec 19

Shree Cement Ltd is engaged in the manufacturing of cement and autoclaved aerated concrete (AAC) blocks. | Image: Shutterstock

Shree Cement share price: Shares of Shree Cement traded 1% lower in the early trade on Friday, December 19, after the company, early in the morning, shared an important business update.
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The company said in its regulatory filing that its management has declared a lockout of the cement plant(s) of the company situated at Baloda Bazar, Raipur, Chhattisgarh, w.e.f. December 18, 2025, due to the non-cooperation of workmen.

The company is monitoring the situation and will provide an update on further developments in due course, it added.

Last seen, the stock was trading at ₹25,430, down 0.84% on the NSE.

Shree Cement Ltd is engaged in the manufacturing of cement and autoclaved aerated concrete (AAC) blocks. The company has installed a cement production capacity of 46.4 million tonnes per annum (MPTA) in India alone, and the number goes up to 50.4 million tonnes, including overseas.

It also has a business interest in power generation with an installed commercial power capacity of 300 megawatts, along with captive and green power capacity of 452 MW.

The company sells cement under three brand names: Shree Ultra Jung Rodhak Cement, Bangur Cement, and Rockstrong Cement. Shree Cement is promoted by Calcutta-based industrialist Hari M Bangur.

Shree Cement Q2 FY26 Results

Shree Cement Ltd, the country's third-largest cement group by capacity, reported over fourfold jump in consolidated net profit to ₹309.82 crore for the September quarter of FY26, helped by sales volume growth and premiumisation.

The company had posted a net profit of ₹76.64 crore in the July-September period a year ago, according to a regulatory filing from the Bangur family-promoted Shree Cement Ltd (SCL).

Its revenue from operations was up 17.43% to ₹4,761.07 crore in the September quarter of FY26. It was at ₹4,054.17 crore in the corresponding quarter of the preceding fiscal year.

The revenue growth was "driven by volumes, premiumisation push and value over volume strategy adopted by the company", according to an earnings statement by the company.

Total expenses of SCL were at ₹4,506.37 crore, up 7% in the September quarter.

With PTI inputs
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