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Dalmia Bharat s third-quarter sales and profit rise in 2024 financial year - Cement industry news from Global Cement

Dalmia Bharat’s third-quarter sales and profit rise in 2024 financial year

Puneet Dalmia: Puneet Dalmia to take on additional role of CEO and MD at operating company Dalmia (Cement) Bharat

Puneet Dalmia, the managing director and chief executive officer of Dalmia Bharat Limited, will also take on the additional role of CEO and MD of Dalmia (Cement) Bharat Limited. Dalmia Bharat Limited reported its quarterly results for the December quarter of financial year 2023-24, achieving sales of Rs. 3600 crore and EBITDA of Rs. 775 crore. The company s cement business saw a 6.8% YoY growth in sales volumes, and its cement capacity increased to 44.6 million tonnes. Dalmia Bharat s margins have improved, with net debt to EBITDA remaining at 0.16x.

Dalmia Bharat Q3 Results: Cons profit up 22% YoY on volume growth, lower costs

Dalmia Bharats consolidated net profit rose over 22% on year to 266 crore rupees in the December quarter helped by higher volumes and lower commodity prices. Consolidated sales were over 7% higher at 3,600 crore rupees.

Dalmia Bharat Q3 net profit rises 22 per cent to Rs 266 crore

Dalmia Bharat Q3 net profit rises 22 per cent to Rs 266 crore
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Dalmia Bharat s net profit up 22 02% in Q3 FY24, Real Estate News, ET RealEstate

Dalmia Bharat s net consolidated total income stood at Rs 3,664 crore in Q3 FY24, a growth of 8.05 per cent from Rs 3,391 crore it recorded in the similar quarter last year.

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