HM Bangur, Chairman, Shree Cement On Q4 Earnings, Record EBITDA & FY25 Growth Plans

Shree Cement, India’s third-largest cement group by capacity, unveiled its financial outcomes for the quarter and fiscal year ending March 31, 2024. The company saw a substantial 49% increase in EBIDTA and a 21% rise in PAT year-over-year. Q4 witnessed a 7% YoY surge in net revenue, reaching ₹5,101 crore, while annual turnover soared by 16% to ₹19,586 crore. Total sales volume in Q4’FY24 rose by 8%, hitting 9.53 million tonnes, contributing to an annual volume of 35.5 million tonnes with a 12% growth. EBIDTA (excluding Other Income) surged by 49% YoY, reaching ₹1,327 crore in Q4. HM Bangur, Chairman of Shree Cement, speaks on the Q4 results in an exclusive interview with Business Today TV's Sakshi Batra.