Net profit of Saurashtra Cement rose 484.89% to Rs 26.32 crore in the quarter ended March 2018 as against Rs 4.50 crore during the previous quarter ended March 2017. Sales rose 66.74% to Rs 178.53 crore in the quarter ended March 2018 as against Rs 107.07 crore during the previous quarter ended March 2017.

For the full year,net profit rose 345.69% to Rs 62.53 crore in the year ended March 2018 as against Rs 14.03 crore during the previous year ended March 2017. Sales rose 22.00% to Rs 573.65 crore in the year ended March 2018 as against Rs 470.19 crore during the previous year ended March 2017.

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Saurashtra Cement announced that the Board of Directors of the Company at its meeting held on 23 May 2018, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Net profit of Saurashtra Cement reported to Rs 3.32 crore in the quarter ended December 2017 as against net loss of Rs 16.48 crore during the previous quarter ended December 2016. Sales rose 28.61% to Rs 141.32 crore in the quarter ended December 2017 as against Rs 109.88 crore during the previous quarter ended December 2016.

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Saurashtra Cement will hold a meeting of the Board of Directors of the Company on 8 February 2018, to approve the Unaudited Financial Results for the 3rd quarter and nine months ended 31st December, 2017.

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