Shree Cement Q2 Results FY27: Profit Moves Against Revenue, Revenue Rs 5,896.51 Cr, PAT Rs 263.46 Cr

Shree Cement Ltd (SHREECEM) Q2 Results FY27 announced on 23 October 2026, covering the company's financial performance for the July to September quarter. The results date confirmed consolidated results with revenue of Rs 5,896.51 Cr and PAT of Rs 263.46 Cr. Through the Shree Cement Q2 Results FY27, a strong top-line increase shrinks to a small Operating Profit gain and then turns into a lower bottom line.

The results analysis below takes the Shree Cement Q2 Results step by step: the financial highlights, the business factors supported by the data, the FY27 outlook and the risks. The financial highlights open the discussion and set the figures for every later section.

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Shree Cement Q2 Results FY27: Financial Highlights

Metric	Q2 FY27 (Sep 26)	Q2 FY26 (Sep 25)	YoY Change
Revenue	Rs 5896.51 Cr	Rs 4761.07 Cr	+23.85% YoY
Operating Profit	Rs 1016.27 Cr	Rs 973.96 Cr	+4.34% YoY
Net Profit (PAT)	Rs 263.46 Cr	Rs 309.82 Cr	-14.96% YoY

Source: company filing for Shree Cement Q2 Results FY27, 23 October 2026. Figures in Rs Crore, Consolidated basis.

Key Takeaways from Shree Cement Q2 Results: What Stands Out

• Revenue climbed to Rs 5,896.51 Cr: YoY growth of 23.85% from Rs 4,761.07 Cr, an increase of Rs 1,135.44 Cr.
• Net profit dropped to Rs 263.46 Cr: down 14.96% from Rs 309.82 Cr, a decline of Rs 46.36 Cr in the bottom line.
• Operating Profit at Rs 1,016.27 Cr: up just 4.34% from Rs 973.96 Cr, far behind the pace of sales growth.
• Thinner margin in Shree Cement Q2 Results FY27: net profit margin narrowed to 4.5% from 6.5% in the comparison quarter.
• Improving annual returns: FY26 return ratios moved higher than FY25, which the performance analysis weighs against the weaker quarter.

Shree Cement Q2 Results FY27: Performance Analysis

The Shree Cement Q2 Results FY27 show a clear step-down at each level of the income statement. Revenue grew 23.85%, Operating Profit grew only 4.34%, and net profit fell 14.96% to Rs 263.46 Cr. That progressive narrowing from sales to profit is the central finding of the results analysis.

In rupee terms, revenue added Rs 1,135.44 Cr while Operating Profit added only Rs 42.31 Cr and net profit fell by Rs 46.36 Cr. The figures confirm that very little of the sales increase carried down to profit this quarter. The Shree Cement Q2 Results therefore read as a volume gain without a matching profit gain.

Investors following later quarterly results will check whether YoY growth in revenue continues and whether the net margin recovers from 4.5%. The Shree Cement Q2 Results FY27 make margin the key question, and the business factors below show what the company data does support.

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Key Business Factors This Quarter

Revenue Increase – The business factors start with revenue, which grew 23.8% year on year to Rs 5,896.51 Cr. This was the strongest movement in the Shree Cement Q2 Results FY27 and gave the company a much larger sales base than a year ago.

Better Return on Equity – Return on equity improved to 7.81% in FY26 from 5.32% in FY25. This annual improvement provides context from the previous full year, separate from the profit decline recorded in these quarterly results.

Better Return on Capital Employed – Return on capital employed improved to 10.61% in FY26 from 6.81% in FY25. This shows the business earned more on its capital base over the last full year before the current quarter.

FY27 Outlook After Shree Cement Q2 Results

This results analysis leaves the FY27 outlook dependent on the second half of the year. Full-year results will be shaped by the numbers for October to December and January to March, along with disclosed sector conditions. A single quarter of lower profit does not decide how the year ends, and the next two filings will show whether the margin pressure seen here persists or eases.

The Shree Cement Q2 Results FY27 provide a revenue base of Rs 5,896.51 Cr and a net profit base of Rs 263.46 Cr for later comparison. Readers can follow those figures on the Univest app over the coming quarters, with the risks below as context.

Key Risks to Watch After Shree Cement Q2 Results FY27

Falling Net Profit

Net profit fell 15.0% year on year to Rs 263.46 Cr. With the Shree Cement Q2 Results FY27 showing higher revenue at the same time, the decline means the extra sales did not translate into higher earnings for shareholders.

Narrower Net Margin

Net profit margin narrowed to 4.5% from 6.5% in the comparison quarter. A lower margin on a larger revenue base is a figure investors will compare with YoY growth trends in coming quarters.

Low Return on Equity

Return on equity was low at 7.81% in FY26. Although it improved from the prior year, a single-digit return on shareholder funds remains a point to watch in future annual results, particularly if quarterly profit stays below the year-ago level.

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Conclusion

The Shree Cement Q2 Results FY27 show consolidated results with revenue of Rs 5,896.51 Cr and Operating Profit of Rs 1,016.27 Cr, both higher, while net profit fell to Rs 263.46 Cr. The narrower margin is the main watch point. Investors can track the Shree Cement Q2 Results and later quarterly results on the Univest Screener and should consult a SEBI-registered advisor before acting.

Frequently Asked Questions on Shree Cement Q2 Results FY27

What are Shree Cement Q2 Results FY27?

Ans. Shree Cement Q2 Results FY27 show revenue of Rs 5,896.51 Cr and net profit of Rs 263.46 Cr for July to September 2026. Alongside this, revenue rose while net profit fell, as the Quick Answer explains.

What is the results date for Shree Cement Q2 Results FY27?

Ans. Shree Cement declared its Q2 FY27 quarterly results on 23 October 2026. That results date covers the July to September 2026 quarter, as stated in the opening paragraph above.

What revenue was reported in Shree Cement Q2 Results FY27?

Ans. Shree Cement reported Q2 FY27 revenue of Rs 5,896.51 Cr against Rs 4,761.07 Cr a year earlier. This equals YoY growth of 23.85%, as the Financial Highlights table shows.

What net profit was reported in Shree Cement Q2 Results FY27?

Ans. Shree Cement Q2 Results FY27 show net profit of Rs 263.46 Cr compared with Rs 309.82 Cr a year earlier. This 14.96% decline is covered in the Key Takeaways section.

How much YoY growth did revenue show in Shree Cement Q2 Results FY27?

Ans. Shree Cement revenue showed YoY growth of 23.85% in Q2 FY27 to Rs 5,896.51 Cr. Compared with this, Operating Profit grew only 4.34%, as the Performance Analysis explains.

Did net profit rise or fall in Shree Cement Q2 Results?

Ans. Shree Cement Q2 Results show net profit fell 14.96% YoY to Rs 263.46 Cr. Alongside this, net profit margin narrowed to 4.5% from 6.5%, as noted under Key Risks.

What was the Operating Profit in Shree Cement Q2 Results FY27?

Ans. Shree Cement reported Operating Profit of Rs 1,016.27 Cr in Q2 FY27 against Rs 973.96 Cr a year earlier. That is a 4.34% rise, as covered in the Performance Analysis section.

Are Shree Cement Q2 Results consolidated results or standalone results?

Ans. Shree Cement reported its Q2 FY27 numbers on a Consolidated basis. So the revenue and net profit figures discussed in this results analysis are consolidated results.

What business factors shaped Shree Cement Q2 Results FY27?

Ans. Shree Cement Q2 FY27 was shaped by 23.8% revenue growth. Alongside this, FY26 return on equity improved to 7.81% and return on capital employed to 10.61%, as listed under Key Business Factors.

What are the key risks after Shree Cement Q2 Results FY27?

Ans. The key risks after Shree Cement Q2 Results FY27 are lower net profit, a narrower margin of 4.5% and low return on equity. Each of these is explained in the Key Risks section.

What is the outlook after Shree Cement Q2 Results?

Ans. The FY27 picture for Shree Cement will depend on the December and March quarters. So the Q2 net profit of Rs 263.46 Cr acts as a base for comparison, as the Outlook section notes.

Where can I find the complete Shree Cement Q2 Results FY27 data?

Ans. The complete Shree Cement Q2 FY27 figures for revenue, Operating Profit and net profit are in the Financial Highlights table above. Investors can also follow later quarterly results on the Univest Screener.