Cement & Cement products company Shree Digvijay Cement Company announced FY24 results:
Financial Highlights:
- Sales of Rs 79,164 lakhs up by 9%
- Highest ever EBITDA of Rs 15,494 lakhs up by 44%
- Profit after tax of Rs 8,776 lakhs up by 52%
Anil Singhvi, Executive Chairman of the Company said “SDCC continues to excel, this quarter we sold the highest ever cement and earned the highest EBITDA ever. | am very delighted at the stupendous performance of SDCC during the year. The company posted the highest ever EBITDA of Rs 15,494 lakhs at Rs 1,139 per ton, perhaps the best in the industry. It was led by high productivity of clinker and cement coupled with all round cost savings and sales performance.
The work on the new 1.5 million ton grinding unit is progressing well and it is expected to be commissioned in the fourth quarter of the year.
Encouraged by such good performance, the board of directors has recommended a final dividend of Rs 3.0 per share."