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Shree Cement’s Q1 Profit Soars 130% as UAE Operations and Price Discipline Boost Margins

Modest revenue growth masks strong profit gains driven by a higher-margin product mix alongside a near-quadrupling of Middle East EBITDA

Overview

  • Consolidated profit jumped 130.67% year on year to Rs 642.66 crore on Q1 revenue of Rs 5,280.88 crore, a 3.06% increase.
  • Middle East arm posted AED 181.19 million in revenue, up 19%, with EBITDA climbing 397% to AED 44.86 million.
  • Premium products accounted for 17.7% of volumes, supporting margins through disciplined pricing.
  • Two 3 MTPA greenfield plants in Jaitaran and Kodla are progressing on schedule and will lift total capacity to 68.8 MTPA.
  • Ready-mix concrete network expanded from 15 to 21 plants with a target of 50 by end of FY26 to diversify revenue streams.