Shree Digvijay Cement Company announced Q3FY24 & 9MFY24 results:
Q3FY23 vs Q3FY24:
- Sales Volume: Decreased from 3.51 lakh tons to 3.28 lakh tons.
- Revenue from Operations: Decreased from Rs 20,644 lakh to Rs 19,118 lakh.
- EBITDA: Increased from Rs 1,700 lakh to Rs 5,110 lakh.
- EBITDA per Ton: Increased from Rs 484 to Rs 1,556.
- Profit before Tax: Increased from Rs 783 lakh to Rs 4,199 lakh.
- Profit after Tax: Increased from Rs 1,019 lakh to Rs 3,140 lakh.
9MFY23 vs 9MFY24:
- Sales Volume: Increased from 9.26 lakh tons to 9.67 lakh tons.
- Revenue from Operations: Increased from Rs 52,968 lakh to Rs 56,738 lakh.
- EBITDA: Increased from Rs 6,654 lakh to Rs 10,370 lakh.
- EBITDA per Ton: Increased from Rs 719 to Rs 1,073.
- Profit before Tax: Increased from Rs 3,891 lakh to Rs 7,526 lakh.
- Profit after Tax: Increased from Rs 3,330 lakh to Rs 5,603 lakh.
Anil Singhvi, Executive Chairman of the Company said, “I am very glad at the stupendous performance of SDCC during the quarter. It was led by very high productivity of clinker & cement coupled with all-round cost savings. Despite very lackluster sales in November’23 resulting in lower sales for the quarter, the company posted the Highest ever EBITDA of Rs 51.10 crore, over 3 times on Q3 of 22-23. EBITDA per ton of over Rs 1,550 is perhaps the industry-leading and highest ever for SDCC.”