Gurugram (14.05.2025): Shree Cement, India’s third largest cement group by capacity, today announced its financial results for the quarter and year ended on March 31, 2025, reflecting a robust performance. On sequential quarter basis, the Company reported a 142% rise in profit after tax to ₹556 crore, 24% rise in revenue to reach an all-time high of ₹5,240 crore while EBITDA surged by 46% to ₹1,381 crore.
Operational highlights
Total cement and clinker sale volume reached to 9.84 million tonnes, which is the ever-highest quarterly volume achieved by the company
Sales of premium products stood at 15.6% of trade sale volume vs 11.9% in Q4’FY24
Capex Plans
In April, 2025, the Company commissioned (i) a cement grinding unit in Etah, Uttar Pradesh (3.00 MTPA) (through its wholly owned subsidiary) and (ii) another cement grinding unit at Baloda Bazar, Chhattisgarh (3.40 MTPA). This has taken group’s total installed cement production capacity to 62.8 MTPA in India. Company’s other ongoing projects of integrated cement unit in Jaitaran, Rajasthan and Kodla, Karnataka are scheduled for commissioning by end of Q1’FY26 and Q2’FY26 respectively. Further, Company has decided that, out of two cement mills of aggregate 6.0 MTPA capacity planned earlier at Jaitaran, Rajasthan, only one will be commissioned at Jaitaran, while the other mill will be installed later.
During the quarter, the Company also undertook capacity up-gradation work of clinker unit in Nawalgarh, Rajasthan and enhanced its capacity from 3.80 MTPA to 4.50 MTPA. The Company is continuously working to identify suitable opportunities to reach its goal of achieving > 80 MTPA capacity by 2028.
Sustainability initiatives
In Q4 FY'25, the Company continued its efforts to improve its performance regarding its commitment to operational excellence and sustainable growth. Key highlights are:
- The Company’s share of green electricity in total electricity consumption stood at 60.2% in Q4’FY25 which is one of the highest in the Indian cement industry. The Company is consistently ramping up its green power generation capacity which stood at 582 MW at the end of Q4’FY25, up by 21% vis-à-vis 480 MW at the beginning of FY24-25.
- The Company used 0.40 lakh tonnes of agro waste in its cement operations to conserve fossil fuel equivalent to producing 127 billion kCal and saving 0.50 lakh tonnes of CO2. As part of this agro waste consumption, the Company procured 5,960 tonnes of stubble during the quarter for its operations within the NCR region. The Company also consumed 0.95 lakh tonnes of hazardous waste during Q4’FY25, replacing the fossil fuel-based heat by 44.30 billion kCal.
- All the Company’s manufacturing locations are Zero Liquid Discharge, treating, recycling, and reusing 100% of wastewater generated from our operations. These efforts have enabled the Company to improve its water positivity index to >8 times in FY24-25 against >7 times achieved in FY23-24. As a recognition to the same, the Company achieved leadership ‘A’ rating within CDP Water Security during the year.
- The Company received the prestigious CAP 2.0 award in the Energy, Mining and Heavy Manufacturing sector by CII-ITC Centre of Excellence for Sustainable Development within the topmost ‘Resilient’ category. The award is a national programme to recognise climate action by industries using a three-dimensional assessment methodology by CII certified assessors.
- The Company also secured its place within the S&P Global Sustainability Yearbook 2025 as an industry mover. Based on S&P Global’s comprehensive Corporate Sustainability Assessment, the Sustainability Yearbook comprises companies scoring in the top 15% of their industry for sustainable business practices.
