Shree Cement Q2 FY26 Earnings Results: Net Profit Surges ₹310 Crore on Strong Demand and Premium Sales

Shree Cement Ltd, India’s third-largest cement producer by capacity, reported a fourfold increase in consolidated net profit to ₹309.82 crore for Q2 FY26, compared to ₹76.64 crore in the same quarter last year. The jump was supported by higher sales volumes and a greater share of premium products.

Shree Cement Q2 FY26 Earnings: Revenue and Expense Highlights

The company’s revenue from operations grew 17.43% YoY to ₹4,761.07 crore, up from ₹4,054.17 crore a year ago. Total expenses rose by 7% to ₹4,506.37 crore. The total income, including other income, increased by 16.6% to ₹4,940 crore.

Shree Cement said its growth was driven by a focus on “value over volume” and a continued push for premiumisation, which helped it improve profitability. Sales volume increased 6.8% year-on-year, while premium products contributed 21.1% of total trade sales.

Capex and Expansion Plans

During the quarter, the company commissioned a 3.65 MTPA clinkerisation line at its Jaitaran, Rajasthan plant. It also plans to start operations of a 3.0 MTPA cement mill at the same site soon.

Additionally, Shree Cement is in the final phase of completing its 3.0 MTPA integrated project at Kodla, Karnataka, as part of its long-term goal to achieve over 80 MTPA cement capacity.

Outlook for FY26

The company expects higher GDP growth in the second half of FY26, supported by good monsoon conditions, strong rural demand, and stable inflation. The rationalisation of GST rates and improved employment trends are also expected to boost cement demand.

Managing Director Neeraj Akhoury said the results highlight the company’s resilience and focus on innovation, ensuring steady value creation for shareholders.

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Shree Cement Share Price Movement

As of October 29, 2025 (11:16 am IST), Shree Cement share price (NSE: SHREECEM) was trading at ₹29,215, up by ₹630 or 2.20% for the day. The stock opened at ₹28,585 and touched an intraday high of ₹29,425, with a low of ₹28,450.

Shree Cement offers a dividend yield of 0.38%, with a quarterly dividend amount of ₹27.75 per share. Over the past year, the stock has traded between a 52-week high of ₹32,490 and a 52-week low of ₹23,500.

Conclusion

Shree Cement delivered a strong Q2 performance, led by higher sales, premiumisation, and strategic capacity expansion. With improving market conditions and infrastructure demand, the company appears well-positioned for sustained growth in the coming quarters.

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