Deccan Cements Ltd Share Price – NSE  /  BSE

Cement, Small Cap

Mr. Srivari Chandrasekhar has been appointed as an Independent Director of Deccan Cements for a period of 5 years with effect from 1st 28th May 2024 to 27th May 2029, not liable to retire by rotation.

Mr. Kanwar Pratap Singh has resigned from his position of Non-Executive Independent Director of the Company on 11th July 2024.

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Deccan Cements announced that the Board of Directors of the Company at its meeting held on 28 May 2024, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 60%) , subject to the approval of the shareholders.

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Net profit of Deccan Cements declined 69.60% to Rs 3.01 crore in the quarter ended March 2024 as against Rs 9.90 crore during the previous quarter ended March 2023. Sales rose 13.93% to Rs 223.24 crore in the quarter ended March 2024 as against Rs 195.94 crore during the previous quarter ended March 2023.

For the full year,net profit declined 24.42% to Rs 37.26 crore in the year ended March 2024 as against Rs 49.30 crore during the previous year ended March 2023. Sales rose 2.29% to Rs 799.43 crore in the year ended March 2024 as against Rs 781.54 crore during the previous year ended March 2023.

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Deccan Cements will hold a meeting of the Board of Directors of the Company on 28 May 2024

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