Saturday, October 07, 2006

Results update

Shree Cements is to announce its Q2FY07 results. According to CNBC-TV18 estimates, the company's net sales are seen going up 89.69% at Rs 294.6 crore (Rs 2.94 billion) from Rs 155.3 crore (Rs 1.55 billion).
Its net profit is expected to go up 111.4% at Rs 78.85 crore (Rs 788.5 million) from Rs 37.3 crore (Rs 373 million).
Its OPM is expected to be at 41% versus 33.6%.
Q1FY07
The company's Q1FY07 net profit was up at Rs 90.4 crore (Rs 904 million) from Rs 26 crore (Rs 260 million).
Its net sales were up at Rs 309.3 crore (Rs 3.09 billion) from Rs 142.5 crore (Rs 1.42 billion).

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