Shree Cement said it has commenced commercial production at its new cement grinding unit having capacity of 3.0 MTPA set-up at Athagarh Tehsil in Cuttack District of Odisha.
Shree Cement is a leading cement manufacturer in the country having its operations spread across several states. The company also has business interest in power generation and trading.
The cement major’s consolidated net profit soared 102.53% to Rs 631.58 crore on 12.56% increase in revenue from operations to Rs 3,541.38 crore in Q3 December 2020 over Q3 December 2019.