Q2 FY22 Highlights:
- Volume Up by 41%
- Turnover Up by 59%
- PAT Up by 423%
Dividend:
The Board has recommended an Interim Dividend of Rs. 1.5/- (i.e. 15%) per equity share of Rs. 10/- each on 143,759,778 fully paid Equity Shares for the financial year 2021-22, aggregating to Rs. 2,156.40 lakhs.
Anil Singhvi, Chairman of the Company said "SDCC continues to do well and has delivered yet another good quarter. Despite heavy monsoon and steep rise in fuel and energy prices, the Company has performed very well during the quarter. Though there is a huge shortage of coal being faced by cement companies disturbing production, SDCC continues to produce at full capacity as we are able to import coal from our own port.
Encouraged by the strong financial performance, the board is pleased to announce an interim dividend of Rs. 1.5/- per equity share for the financial year 2021-22."
Rajeev Nambiar, Managing Director of the Company said "At SDCC, we continue to make a steady progress to strengthen our business. We stand committed to our ESG commitments along with the normal course of business and are frontrunners in maximizing our share of green energy consumption, over half of energy commitments coming from green energy. Our efforts in biodiversity and water conservation are making visible impact in society. We are well poised to meet the demand cycle coming up in near future".
