Shree Cement on Monday said its new cement grinding unit in Odisha with a manufacturing capacity of 3 million tonnes per annum (mtpa) has commenced commercial production,having capacity of 3.0 MTPA set-up at Athagarh Tehsil in Cuttack District of Odisha.
Shree Cement had posted over two-fold jump in consolidated net profit to Rs 631.58 crore for the third quarter ended December 31, 2020, as against a net profit of Rs 311.83 crore in October-December period a year ago.
Shares of Shree Cement Ltd were trading 1.41 per cent lower at Rs 27,334.55 a piece on BSE.