Latest news with #DalmiaBharatLimited
Business Standard
23-07-2025
- 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.
New Indian Express
06-07-2025
- Business
- New Indian Express
Dalmia Bharat felicitates four rath craftsmen
BHUBANESWAR: Recognising the craftsmanship of traditional carpenters in chariot-making, cement manufacturer Dalmia Bharat Limited (DBL) has honoured four craftsmen with 'DSP Expert Rath Shilpakar Samman' at Rath Yatra in Puri. The DBL felicitated - Raghunath Subudhi, Ramesh Mohapatra, Babana Maharana and Kartik Bhoi - for their exceptional craftsmanship and dedication to the sacred tradition of chariot-making. As part of the fourth edition of the 'DSP Expert Rath Shilpkar Samman', launched in 2022 under 'Saluting the Expert' initiative, the awardees were selected by a jury of veteran craftsmen and cultural experts headed by head shilpkars - Vijay Mahapatra, Nurusingha Mahapatra, and Narayana Maharana, ensuring that only the most deserving artists are recognised. DBL officials said another major highlight of this year's edition was distribution of around 1,000 miniature Rath replicas to the children of dealers and channel partners to spread awareness on cultural heritage among the younger generation. Dalmia Bharat is also producing a short film that captures the inspiring journeys of the honoured shilpkars, bringing forth the legacy for wider audiences, their skill and expertise, dedication, perseverance and a sense of devotion towards the service of the Lord.
