Coal news and updates

Shree Cement's PAT doubles in Q1

Shree Cement has posted a 95 percent increase in its profit after tax (PAT) during April-June quarter (Q1) of 2025-26 (FY26) at Rs 619 crore as compared to Rs 318 crore during the year-ago quarter, according to a BSE filing.

“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,” said Neeraj Akhoury, Managing Director, Shree Cement.

During Q1 FY26, the cement maker’s revenue from operations was recorded at Rs 4,948 crore, up by 2 percent as compared to Rs 4,835 crore during the same quarter of last year.

Total sales volume during the quarter stood at 89.5 lakh tons, operating profit (EBITDA) was up by 34 percent to Rs 1,229 crore as compared to Rs 916 crore during Q1 FY25.