IndiaRF enters cement with Shree Digvijay majority stake buy
India Resurgence Fund (IndiaRF), the India-focused investment platform backed by Piramal Group and Bain Capital, has made its first foray into the cement sector with the acquisi...
Shree Digvijay Cement
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Shree Digvijay Cement Co considers strategic alliance with Hi-Bond Cement
Shree Digvijay Cement Co Ltd (SDCCL) has announced that it is exploring a long-term strategic alliance with Hi-Bond Cement (India) (Hi-Bond). As part of this initiative, SDCCL h...
Shree Digvijay halts production due to cyclone
Shree Digvijay Cement Co has reportedly halted production at its 1.2Mta Digvijaygram integrated plant in Gujarat, India, due to a cyclone. Tropical cyclone Biparjoy made landfal...
Shree Digvijay Cement reports 15% revenue growth in 4QFY23
India’s Shree Digvijay Cement Co Ltd (SDCC) has reported a 15 per cent YoY increase in revenue in the 4QFY22-23, ending 31 March 2023. Revenue for the quarter came in at INR1952...
Shree Digvijay Cement sees 36% revenue increase
India’s Shree Digvijay Cement Co Ltd has reported a 36 per cent YoY increase in revenue in the 3QFY23 (ended 31 December 2022) to INR2064.4m (US$25.3m). EBITDA over the same per...
SDCC profit hampered by fuel costs in 2QFY22-23
India-based Shree Digvijay Cement Co Ltd (SDCC) has reported revenue from operations of INR1620.1m (US$19.6m) in the quarter ended 30 September 2022 (2QFY23), compared to INR153...
Shree Digvijay Cement posts 8% rise in income
India’s Shree Digvijay Cement Co has announced a total income of INR5.09bn (US$68.8m) in the full-year period ended 31 March, up 7.9 per cent YoY from INR4.72bn. Net profit decl...
Shree Digvijay Cement sees 17% rise in revenue
India’s Shree Digvijay Cement has announced a 17.2 per cent YoY increase in standalone revenue to INR1.43bn (US$19.69m) for the December 2020 quarter, compared to INR1.22bn in t...
Shree Digvijay Cement announces 9% rise in income
India’s Shree Digvijay Cement has announced an 8.5 per cent increase in total income to INR1.23bn (US$17.2m) for the 3QFY19-20, compared with INR1.13bn in the year-ago period. N...
Votorantim Cimentos sells 75% share in Shree Digvijay Cement
Votorantim Cimentos has agreed the sale of its 75 per cent stake in Shree Digvijay Cement Co Ltd (SDCCL) to Indian private equity firm True North. The sale requires the completi...