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Financial Statement Analysis of Shree Cement Limited |
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Excel Supplement Available on Request for Faculty Member's only. Mail to us at casehelpdesk@ibsindia.org |
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INTRODUCTION |
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On Saturday, October 19, 2019, Shree Cement Limited (SCL), one of the leading Indian cement companies in terms of capacity, reported a five-fold jump in its net profit in the second quarter of FY19-20 as compared to 2QFY18-19. The net profit increased from Rs. 637.70 million in 2QFY18-19 to Rs. 3.13 billion in 2QFY19-20. In the same period, the total income also increased from Rs. 29.07 billion to Rs. 30.63 billion...
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