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Shree Cement Q3 Results: Profit Falls 22% Missing Estimates On Higher Costs

Shree Cement's Q3 profit declined 22% year-on-year to Rs 491.9 crore.

Nickey Mirchandani
Small rock, pumice, and sand, different types of block material, sit in a pile before being mixed into cement during production. (Photographer Meg Roussos/Bloomberg)

Shree Cement Ltd.’s third-quarter profit fell missing estimates because of higher power and fuel expenses.

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