Shree Cement's new cement grinding unit in Odisha commences commercial production.

Shree Cement recently said its new cement grinding unit in Odisha with a manufacturing capacity of 3 million tonnes per annum (mtpa) has commenced commercial production.

The company has commenced commercial production at its new cement grinding unit having capacity of 3.0 MTPA set-up at Athagarh Tehsil in Cuttack District of Odisha, Shree Cement said in a regulatory filing.

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.

ET