Shree Cement Ltd has recorded a 111 per cent jump in its net profit for the nine months ended December 31, 2004 over the corresponding period in 2003-04. The company posted a profit of Rs 59.42 crore, against Rs 28.21 crore recorded till December 31, 2003. In the third quarter, it reported a net profit of Rs 16.49 crore against Rs 12.06 crore in the corresponding previous quarter. The unaudited results of the company for the quarter ended December 31 2004 were taken on record by the board at its meeting here on Wednesday.