Shree Cement Q1 FY26: Net Profit Soars 95% to ₹619 Crore, Revenue Up 2%
Mumbai: Shree Cement, India’s third-largest cement producer by capacity, has announced its Q1 FY26 results, showcasing a robust performance. The company’s net profit surged 95% year-over-year to ₹619 crore, while revenue rose 2% to ₹4,948 crore. Operating profit (EBITDA) jumped 34% to ₹1,229 crore, driven by the company’s focus on pricing, premiumization, operational efficiencies, and disciplined cost management.
Key Highlights:
- Revenue Growth: Shree Cement’s revenue increased by 2% to ₹4,948 crore in Q1 FY26, with a total sales volume of 89.5 lakh tonnes.
- EBITDA Surge: The company’s operating profit (EBITDA) rose 34% to ₹1,229 crore, reflecting its strong operational performance.
- Premium Product Sales: Sales of premium products improved to 17.7% of trade sales volume, up from 15.6% in Q4 FY25, indicating a successful premiumization strategy.
- UAE Operations: Shree Cement’s UAE subsidiary, Union Cement Company (UCC), reported a 19% year-over-year revenue growth to AED 181.19 million and a 397% surge in operating profit (EBITDA) to AED 44.86 million.
Commenting on the results, Neeraj Akhoury, Managing Director of Shree Cement, said, “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 dedication of our teams.” He emphasized the company’s strategic focus on innovation, sustainability, and customer-centricity, highlighting investments in green technologies, digital transformation, and capacity expansion.
