The company had posted a net profit of Rs 507.67 crore during April-June quarter of previous fiscal, Shree Cement said in a BSE filing.
However, total income during the quarter under review rose by 16.74 per cent to Rs 2,995.23 crore as against Rs 2,565.70 crore during the same quarter in 2016-17.
Total expenses during the period stood at Rs 2,448.63 crore, up 27.62 per cent from the year-ago period.
Revenue from the cement business grew 22.42 per cent to Rs 2,768.79 crore from Rs 2,261.65 crore in the same period previous fiscal.
The stock was trading 3.82 per cent up at Rs 18,148 on BSE.
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