January 11, 2018 / 10:30 AM / 11 days ago

BRIEF-Shree Cement Dec Qtr Profit Up About 42 pct

Jan 11 (Reuters) - Shree Cement Ltd:

* SAYS DECLARED INTERIM DIVIDEND AT RATE OF 20 RUPEES PER EQUITY SHARE

* DEC QUARTER NET PROFIT 3.33 BILLION RUPEES VERSUS PROFIT OF 2.35 BILLION RUPEES LAST YEAR

* CONSENSUS FORECAST FOR DEC QUARTER PROFIT WAS 2.99 BILLION RUPEES

* APPROVED ISSUANCE OF NCDS WORTH UP TO 5 BILLION RUPEES

* DEC QUARTER REVENUE FROM OPERATIONS 22.96 BILLION RUPEES VERSUS 21.12 BILLION RUPEES LAST YEAR Source text - bit.ly/2Fp9u1N Further company coverage:

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