Shree Digvijay Cement recorded sales of US$25.2m during Q3 of the 2022 financial year. This corresponds to a rise of 35% YoY from US$18.6m in Q3 of the 2021 financial year. The cement producer overcame continued high costs during the period to record a profit of US$1.25m, up by 40% YoY from US$891,000.
Shree Digvijay Cement is a leading Indian cement company that has been providing high-quality cement products to its customers for over 70 years. Founded in 1949, the company has a rich history and has played a significant role in the growth of India's infrastructure sector. In this article, we will delve deeper into the history of Shree Digvijay Cement, its operations, and the various products it offers.
History:
Shree Digvijay Cement was established and started operations in India in 1944 at the coastal township of Digvijaygram (Sikka) in Jamnagar District of Gujarat. The company started its operations with a single cement manufacturing unit with a small capacity. Over the years, the company expanded its operations. Today, the capacity stands at 1.20 MPTA housing a Fully Automatic Modern Cement Plant.
The company's products are marketed under the brand name 'Kamal Cement' and include Ordinary Portland Cement (OPC) 43 Grade, OPC 53 Grade, and Portland Pozzolana Cement (PPC). The company also offers value-added products such as Oil Well Cement and Sulphate Resistant Cement.
Shree Digvijay Cement is committed to providing high-quality products to its customers. The company has a well-equipped laboratory for testing raw materials and finished products to ensure that they meet the required quality standards. The company's manufacturing units use the latest technology and equipment to ensure that the cement produced is of the highest quality.
Their value-added services include:
Concrete Mix design and cube testing facility
Non-destructive testing of concrete and testing facilities for building materials.
Training programmes for masons, site Supervisors & Engineers on good construction practices.
Mobile Concrete Lab Services.
Field visits by qualified Civil Engineers.
Educating individual household builders on various aspects of building material and construction.
Any other customer specific services.
The company is also committed to sustainability and has taken various initiatives to reduce its carbon footprint. The company's manufacturing units are equipped with modern pollution control equipment to minimize environmental pollution. The company also uses alternative fuels such as biomass, municipal waste, and hazardous waste to reduce its dependence on fossil fuels.
News and Updates on the Cement Industry in India with Focus on Cement Marketing, Cement Consultancy, Cement Marketing Techniques, Cement Consultants and Cement Markets.
Thursday, February 16, 2023
Shree Digvijay Cement Q3 2022 Financial Results
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