Dalmia Bharat Q3 profit slumps 75% amid vulnerable costs, sluggish demand


Dalmia Bharat's net income fell 75 percent to Rs sixty six crore in Q3FY25 as vulnerable cement expenses hit realisations of India's fourth-largest cement manufacturer.


Its net earnings become at Rs 266 crore inside the same region ultimate 12 months.


The business enterprise reported a consolidated revenue from operations of Rs 3,181 crore for the quarter finishing december 31, down 11 percent on-year. extent for the reporting length too declined 2 percent YoY to 6.7 million tonnes. Dalmia Bharat's EBITDA also fell about 35 percentage YoY to Rs 511 crore.


"Cement call for growth in Q3 fell quick of our in advance expectancies. Our volumes de-grew with the aid of 2 percentage YoY whilst EBITDA fell 34.five percentage YoY to Rs 511 crore with continual softness in cement fees. With demand now gaining traction and prices showing signs and symptoms of optimism, we're confident approximately a stronger overall performance in the upcoming quarters," said leader financial officer Dharmender Tuteja, in a separate press declaration.


The country’s fourth-largest producer of cement by capacity posted a consolidated profit of Rs 66 crore for the October-December period, down from Rs 266 crore a year ago. The bottomline was, though, higher as compared to Rs 49 crore in the september quarter helped by a recovery in prices.
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Kokila Chokkanathan

21/01/2025 08:41 PM