Shree Cement (500387 SHREECEM Group (A), SHREECEM NSE) is primarily an Indian cement manufacturer. It was founded in Beawar in the Ajmer district of Rajasthan in the year 1979 and now headquartered in Kolkata, is one of the biggest cement makers in Northern India. It also produces and sells power under the name Shree Power (Captive Power Plant) and Shree Mega Power (Independent Power Plant). Turnover of the company for 2013-14 was ₹58.58 billion (US$870 million) and Net profit was ₹7.872 billion (US$120 million), 2012-13 was ₹55.90 billion (US$830 million) and net profit was ₹10.39 billion (US$150 million); 2011-12 was ₹34.53 billion (US$510 million) and Net profit was ₹2.097 billion (US$31 million); for 2010-11 it was ₹36.34 billion (US$540 million) and net profit was ₹6.76 billion (US$10