Daijiworld Media Network - New Delhi
New Delhi, May 6: Shree Cement on Wednesday reported an 8.3 per cent year-on-year decline in consolidated net profit for the fourth quarter of FY26, even as revenue and sales volumes posted solid growth.
The company’s net profit stood at Rs 526 crore for the quarter ended March 31, 2026, down from Rs 574 crore in the same period last year, according to its stock exchange filing.
However, revenue from operations rose 10.3 per cent to Rs 6,101 crore, compared to Rs 5,532 crore in Q4 FY25, driven by strong demand and higher sales volumes.
Operational performance showed some pressure, with EBITDA falling 3 per cent to Rs 1,384 crore from Rs 1,429 crore a year earlier. The EBITDA margin also narrowed significantly to 22.6 per cent from 25.8 per cent, indicating rising costs impacting profitability.
The company’s board recommended a final dividend of Rs 70 per equity share for FY26, taking the total annual payout to Rs 150 per share—up 36 per cent from Rs 110 in the previous financial year, subject to shareholder approval.
On the operational front, Shree Cement reported robust growth in volumes. Cement sales reached 10.56 million tonnes in Q4, registering an 11 per cent increase year-on-year and a sharp 24.5 per cent rise compared to the previous quarter.
Total volumes, including clinker, grew 9.4 per cent annually to 10.77 million tonnes. The company also improved its product mix, with premium products accounting for 22 per cent of trade volumes, up from 16 per cent a year earlier.
Expansion efforts continued in the ready-mix concrete segment, with the company ending FY26 with 26 operational plants. It commissioned 10 additional plants in March, which are expected to take the total count to 36 at the start of FY27.
During the quarter, Shree Cement also commissioned a major integrated project in Kodla, Karnataka, adding significant clinker and cement production capacity. This expansion has increased its total installed capacity in India to 69.3 million tonnes per annum, reinforcing its position among the country’s leading cement producers.