Latest news with #DalmiaBharat
Time of India
2 hours ago
- Business
- Time of India
Dalmia Bharat's net profit up three-fold to ₹395 crore in Q1 FY26
NEW DELHI: Cement maker Dalmia Bharat Ltd on Tuesday reported a nearly three-fold increase in its consolidated net profit of Rs 395 crore in the June quarter, mainly helped by improved sales realisation and reduction in expenses. The company had posted a net profit of Rs 145 crore in the April-June quarter a year ago, according to a regulatory filing from Dalmia Bharat. However, its revenue from operations was almost flat at Rs 3,636 crore in the June quarter. It stood at Rs 3,621 crore in the corresponding period of the previous fiscal. Dalmia Bharat's sales volume increased 5.8 per cent to 7.4 million tonnes (MT) in the June quarter. "Beginning of this year marks a recovery in cement realisations in our key markets, which has helped us deliver robust EBITDA growth, resulting in an EBITDA margin of 24.3 per cent, which is an increase of 5.8 per cent percentage points compared to last year," said its Managing Director & CEO Puneet Dalmia said. Besides, its EBITDA (earnings before interest, taxes, depreciation and amortisation) during the quarter improved significantly to Rs 883 crore, indicating a 32 per cent year-on-year (YoY) growth. "Backed by a robust balance sheet, a disciplined capital allocation framework and healthy profitability outlook, we are steadily progressing towards our vision of becoming a PAN-India player," the company's Chief Financial Officer Dharmender Tuteja said. The company's total expenses were at Rs 3,183 crore, down 5.4 per cent during the period under review. Its total income, which includes other income, stood at Rs 3,685 crore. With an installed capacity of 49.5 MTPA (million tonnes per annum), Dalmia Bharat is the fourth-largest cement manufacturing company in India. Shares of Dalmia Bharat Ltd on Tuesday settled 2.46 per cent higher at Rs 2,319.15 apiece in the BSE.
Business Standard
3 hours ago
- Business
- Business Standard
Dalmia Bharat Q1 PAT climbs 179% YoY to Rs 393 cr
Dalmia Bharat reported a 178.72% surge in consolidated net profit to Rs 393 crore in Q1 FY26, compared to Rs 141 crore posted in Q1 FY25. Revenue from operations increased marginally to Rs 3,636 crore in Q1 FY26, as against Rs 3,621 crore reported in the same period of the previous year. Sales volume during the quarter declined 5.8% to 7 million tonnes from 7.4 million tonnes registered in the corresponding quarter of the previous year. Profit before tax stood at Rs 518 crore in Q1 FY26, up 167.01% from Rs 194 crore recorded in Q1 FY25. EBITDA jumped 31.9% to Rs 883 crore in Q1 FY26, compared to Rs 669 crore reported in Q1 FY25. EBITDA margin improved to 24.3% in Q1 FY26 from 18.5% in Q1 FY25. Dalmia Bharats Net Debt to EBITDA stood at 0.33x as of 30 June 2025. Puneet Dalmia, Managing Director & CEO Dalmia Bharat Limited, said, In the backdrop of strong economic fundamentals, robust government-led capex and increasing cement industry consolidation, we remain committed to becoming a PanIndia player. In the current year 2025, we have announced fresh capital investments of about Rs 6,800 crore for adding 12 MnTPA of cement capacity across the South and West regions. Our balance sheet remains strong to support this growth as we further prepare for next leg of expansion in the new regions. He further added, Beginning of this year marks a recovery in cement realizations in our key markets, which has helped us deliver robust EBITDA growth, resulting in an EBITDA margin of 24.3%, which is an increase of 5.8% compared to last year. Dharmender Tuteja, chief financial officer of Dalmia Bharat, said, During the quarter, our revenues marginally improved by 0.4% YoY. However, EBITDA improved significantly to Rs 883 crore, indicating a 32% YoY growth. Backed by a robust balance sheet, a disciplined capital allocation framework, and a healthy profitability outlook, we are steadily progressing towards our vision of becoming a pan-India player. Additionally, the company announced a strategic investment of Rs 3,287 crore to establish a 3.6 MnTPA clinker unit along with a 6 MnTPA grinding unit at its existing Kadapa plant in Andhra Pradesh and a 3 MnTPA bulk terminal in Chennai, Tamil Nadu. With the existing unit at Kadapa already operating at high utilization levels, the upcoming capacity will support the growing demand in the region. The new capacity is expected to be commissioned by Q2 FY28. The company also commissioned 26 MW of renewable energy capacity under group captive agreements, increasing its total operational renewable energy capacity to 294 MW. Dalmia Bharat is one of Indias pioneering cement manufacturing companies, with the current capacity pegged at 49.5 million tonne. The scrip dropped 4.71% to Rs 2,210 on the BSE.
Business Standard
6 hours ago
- Business
- Business Standard
Dalmia Bharat consolidated net profit rises 178.72% in the June 2025 quarter
Sales rise 0.41% to Rs 3636.00 crore Net profit of Dalmia Bharat rose 178.72% to Rs 393.00 crore in the quarter ended June 2025 as against Rs 141.00 crore during the previous quarter ended June 2024. Sales rose 0.41% to Rs 3636.00 crore in the quarter ended June 2025 as against Rs 3621.00 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 3636.003621.00 0 OPM % 24.2818.48 - PBDT 824.00624.00 32 PBT 502.00307.00 64 NP 393.00141.00 179
Business Upturn
7 hours ago
- Business
- Business Upturn
Why are Dalmia Bharat shares falling 4% despite 3x jump in Q1 net profit? Explained
Dalmia Bharat shares slipped more than 4% after the company announced its Q1 FY26 results, which, despite showing strong year-on-year growth, missed market estimates. As of 10:48 AM, the shares were trading 2.89% lower at Rs 2,253.20. The cement major posted a 171% jump in net profit to ₹393 crore for the quarter ended June 30, 2025, up from ₹145 crore in the same period last year. However, this was lower than the CNBC-TV18 poll estimate of ₹425 crore. Revenue from operations remained nearly flat, rising just 0.4% to ₹3,636 crore in Q1 FY26, compared to ₹3,621 crore in the same period last year. This was below the CNBC-TV18 poll estimate of ₹3,710 crore. On the operational front, the company delivered its best-ever quarterly EBITDA at ₹883 crore, a 32% jump from ₹669 crore a year earlier. This also beat the Street's estimate of ₹831 crore. EBITDA margin expanded sharply to 24.3% from 18.5% last year, surpassing the expected 22.4%. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Economic Times
17 hours ago
- Business
- Economic Times
Dalmia Bharat's profit surges nearly 3 times on improved pricing
Dalmia Bharat's consolidated net profit surged nearly three times on year in the June quarter to Rs 345 crore, helped by an improvement in net sales realisations, which offset the impact of lower sales volumes. ADVERTISEMENT The cement producer's sales volume fell nearly 6% on year to 7 million tonnes in the June quarter, which limited a growth in its consolidated revenue to 0.4% on year to Rs 3,636 crore. The topline grew despite a fall in sales volume as realisations improved by 6.6% on year to Rs 5,193 per tonne during the quarter. This also boosted the company's earnings before interest, tax, depreciation and amortization to an all-time high of Rs 883 crore, while the EBITDA made on each tonne of cement surged 40% on year to Rs 1,261. The profitability was also boosted by lower costs of logistics and power and fuel costs, as compared to the previous year. 'Beginning of this year marks a recovery in cement realizations in our key markets, which has helped us deliver robust EBITDA growth, resulting in an EBITDA margin of 24.3%, which is an increase of 5.8% percentage points compared to last year,' Puneet Dalmia, managing director of the company was quoted in a release. The company currently has a capacity of 49.5 million tonne and is targeting a capacity of 75 million tonne by FY28. Earlier this year, the company announced fresh capital investments of Rs 6,800 crore for adding 12 million tonne of capacity across its South and West regions. ADVERTISEMENT 'Backed by a robust balance sheet, a disciplined capital allocation framework and healthy profitability outlook, we are steadily progressing towards our vision of becoming a PAN-India player,' chief financial officer Dharmender Tuteja company announced its earnings after market hours, and its shares closed at Rs 2,319.15 rupees on the BSE, up 2.5% from the previous close. ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
