Shree Cement announced its second quarter earnings on Tuesday.(Image source: Canva AI) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Shree Cement Ltd.'s profit in the second quarter of this financial year rose fourfold to Rs 309 crore in quarter ended September.

This is in comparison to profit of Rs 76.4 crore in the same quarter of the previous fiscal, according to its stock exchange notification on Tuesday.

Revenue rose by 17.4% year-on-year for the three months ended September, reaching Rs 4,054 crore. The rise in revenue was driven by volumes, premiumisation push and value over volume strategy adopted by the company.

Operating income, or earnings before interest, taxes, depreciation, and amortisation, rose 58.8% year-on-year to Rs 974 crore supported by operationa

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