Shree Digvijay Cement Declares Dividend Amid Strong Quarterly Performance

Shree Digvijay Cement Company has announced a dividend of 1.50 rupees per share, reinforcing its commitment to rewarding shareholders. The announcement comes alongside the company's financial results for the March quarter, which reflect steady revenue growth and profitability.  

 

The company reported consolidated revenue from operations at 2.16 billion rupees, demonstrating resilience in a competitive market. Additionally, its consolidated net profit stood at 183.6 million rupees, signaling a stable financial position.  

 

Analysts attribute the company's performance to sustained demand in the cement sector, operational efficiency, and strategic market positioning. The dividend declaration further underscores confidence in future growth, with investors closely monitoring expansion plans and industry trends.  

 

Key Highlights of Shree Digvijay Cement's March Quarter Performance  

 

- Declared a dividend of 1.50 rupees per share, reinforcing shareholder value.  

- Consolidated revenue from operations reached 2.16 billion rupees, reflecting steady growth.  

- Consolidated net profit stood at 183.6 million rupees, indicating strong financial performance.  

- Market analysts attribute the growth to operational efficiency and sustained demand in the cement sector.  

- Investors are watching for potential expansion strategies and future market positioning.  

 

Sources: Moneycontrol, INDmoney, MarketScreener, Shree Digvijay Cement Financial Reports, Investing.com