New Delhi: Gujarat-based Shree Digvijay Cement Co Ltd registered net profit of Rs 23.17 crore for the fourth quarter of the 2019-20 fiscal against a net loss of Rs 2.24 crore in the same quarter of the previous fiscal. The revenue from operations jumped about 12 percent to Rs 128.30 crore in the fourth quarter of 2019-20 fiscal as compared to Rs 109.62 crore in the corresponding quarter of the previous fiscal.
The company sells its produce with the brand name of ‘Kamal’ cement.
The net profit of the company for the entire fiscal 2019-20 jumped many-fold to Rs 56.43 crore as compared to Rs 2.06 crore in the previous fiscal. The revenue from operations for the entire 2019-20 fiscal increased about 9 percent to Rs 469.84 crore as compared to Rs 436.46 crore in the previous financial year, the company said in a regulatory filing.