Shree Cement reports ₹619 crore profit in Q1 FY26, up 95 percent year-on-year, driven by pricing, premium product mix, and operational discipline across India and UAE
Shree Cement Delivers 95% Profit Growth in Q1 FY26, Ramps Up Capacity and Green Power
Shree Cement, India’s third-largest cement group by installed capacity, has reported a consolidated profit after tax of ₹619 crore for the quarter ending June 30, 2025, marking a 95 percent increase over the corresponding quarter of the previous year. Operating profit (EBITDA) stood at ₹1,229 crore, up by 34 percent year-on-year, while total revenue rose marginally to ₹4,948 crore from ₹4,835 crore.
Union Cement Company, Shree Cement’s UAE-based subsidiary, continued to deliver strong results. Revenue grew by 19 percent year-on-year to AED 181.19 million, while EBITDA rose sharply from AED 9.02 million to AED 44.86 million, up 397 percent. The company has announced plans to expand cement capacity by 3.0 million tonnes per annum in the UAE with an investment of AED 110 million.
Shree Cement has also maintained zero liquid discharge across all its manufacturing locations, with its water positivity index improving to over eight times. The NABL accreditation awarded to its Raipur lab further strengthens its quality standards, with international recognition of its testing protocols.
The company has expanded its ready-mix concrete footprint from 15 to 21 operational plants since the beginning of FY26 and plans to scale to 50 plants by the end of the fiscal year. Ongoing cement capacity expansion projects in Jaitaran, Rajasthan, and Kodla, Karnataka will raise the company’s installed capacity to 68.8 MTPA upon completion, with a goal of reaching 80 MTPA by 2028.
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