New Delhi, Jan. 31 -- Shree Cement declared their Q3 results on 30 Jan, 2025, revealing a significant downturn in profitability. The company's profit fell by 72.45% year-over-year (YoY), amounting to Rs.193.4 crore, while the total revenue stood at Rs.4572.68 crore, reflecting a decrease of 12.45% YoY. In contrast, compared to the previous quarter, revenue grew by 12.79% and profit surged by 153.01%.

The rise in selling, general, and administrative expenses was notable, with an increase of 7.96% quarter-over-quarter (q-o-q) and 4.18% YoY. This uptick in costs likely contributed to the stark decline in profit margins during the period.

Despite the troubling YoY figures, operating income showcased a remarkable increase of 261.82% q-o-q, t...