Press Release
Updates to the media about significant developments in the company
Press Release
Shree Cement delivers steady performance on the back of operational efficiencies, product premiumisation and sustainability initiatives
Gurugram, November 11, 2024 – Shree Cement, India’s third largest cement group by capacity, today announced its financial results for the quarter and half year ended on 30 September, 2024. The Company reported ₹3,727 crore of revenue and ₹593 crore of EBITDA
Shree Cement’s Ras Plant Laboratory Earns Prestigious NABL Accreditation
Shree Cement's laboratory at its Ras plant in Rajasthan, Asia’s largest single location cement manufacturing facility—has achieved accreditation from the National Accreditation Board for Testing and Calibration Laboratories (NABL), under the Quality Council of India.
Shree Cement signs a MoU with DPIIT to empower startups in Manufacturing
Shree Cement Limited signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, to empower and promote manufacturing incubation. The MoU aims to strengthen and support India’s manufacturing ecosystem by encouraging product startups, innovators, and entrepreneurs.
Shree Cement joins RE100 Commits to transition 100% to Renewable Electricity by 2050
Power generation capacity from waste heat recovery-based plants ranked among the highest in the global cement industry. Sustaining green power consumption at over 55%, the highest in the Indian cement industry. Invested Rs. 1050 Cr in 236 MW solar & wind power plants installations. Further investment of Rs. 700 crores planned in FY25 for installing 148 MW plants in 5 states
Shree Cement’s installed power capacity tops 1 GW; To further sharpen focus on green generation
Shree Cement Ltd, India’s third largest cement manufacturer by capacity, is proud to announce that it has achieved a significant milestone of one GW (1,000 MW) of installed power capacity. This accomplishment was marked by the commissioning of a 19.5 MW solar power plant at its manufacturing unit in Andhra Pradesh.
Vote Solid, Desh Solid campaign
Bangur Cement, one of India’s leading cement brands, will donate more than Five lakh kilos of cement as part of its ‘Vote Solid, Desh Solid’ multimedia campaign. The announcement also underscores the outstanding success of the campaign which was aimed at encouraging citizens to vote in the 2024 general elections.
Shree Cement inaugurates 3 million tons integrated cement plant at investment of more than Rs 2500 crore in Guntur, Andhra Pradesh
Shree Cement, one of India's largest cement producers, today inaugurated its new integrated plant at Dachepalli village, Guntur, Andhra Pradesh, six months ahead of schedule.
Shree Cement drives strong Q4 performance; delivers highest ever full year operating EBIDTA of ₹4,364 crore
Q4 Revenue up 7% to ₹ 5,101 crore YoY; PAT jumps 21% to ₹ 662 crore; EBIDTA up by 49% YoY Shree targets 65.8 MTPA capacity by March’25; to invest ₹4,500 crore on expansion in FY25 Board recommends 550% final dividend for FY24
Shree Cement joins RE100 Commits to transition 100% to Renewable Electricity by 2050
Power generation capacity from waste heat recovery-based plants ranked among the highest in the global cement industry
Bangur Cement launches an innovative multimedia campaign inspiring citizens to Vote
Bangur Cement launches a sequel to its successful “Solid Ghar” campaign with the message of “Vote Solid, Desh Solid” to inspire citizens to vote during the election period
Shree Cement launches Bangur Concrete
Shree Cement Limited announced the launch of Bangur Concrete with the commissioning of its first Greenfield Ready Mix Concrete (RMC) plant in Hyderabad.
Shree Cement announces a new brand identity with ‘Bangur’ as the master brand
Shree Cement Limited, one of India’s largest cement manufacturers, has announced a revamp of its corporate brand identity and launched multiple brand offerings, with ‘Bangur’ as the master brand.
Shree Cement Limited, closed its Q2 and H1, ending September 30, 2023, with EBITDA growth of 66% and PAT growth of 159%
Shree Cement Limited, closed its Q2 and H1, ending September 30, 2023, with EBITDA growth of 66% and PAT growth of 159%. It continues to deliver strong financial performance on the back of the increase in volume growth and enhanced operational efficiency.
Shree Cement starts trial production of its green field 3 million tons Cement plant at Purulia, West Bengal
Company starts its first plant in West Bengal adding to existing 14 plants across India and taking the capacity to ~50 million tons
Shree Cement to gift India’s Olympic winners free cement to build their dream homes
Shree Cement, one of India’s top three cement manufacturers celebrates India’s winners at the 2021 Tokyo Olympics. The company has announced to offer winners free cement to help them build their dream homes.
Shree Cement Limited announced its financial results
Shree Cement Limited, an integrated player in cement and power sector, today announced its financial results for the quarter ended on 30th September, 2018