Latest news with #DalmiaBharat
Time of India
4 hours ago
- Business
- Time of India
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. 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. Explore courses from Top Institutes in Please select course: Select a Course Category Artificial Intelligence MCA Degree Leadership PGDM others Digital Marketing Others Management Public Policy Data Analytics Design Thinking Cybersecurity Operations Management Data Science Product Management MBA CXO Project Management Finance Data Science Healthcare healthcare Technology Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details 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. Live Events 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. '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 said. The 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.
Time of India
5 hours ago
- Business
- Time of India
Dalmia Bharat Q1 Results: Net profit rises 3-fold to Rs 395 crore, revenue flat at Rs 3,636 crore
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. Explore courses from Top Institutes in Please select course: Select a Course Category Project Management others Product Management MCA Data Science Technology Data Analytics Finance healthcare Operations Management CXO Healthcare MBA Degree Public Policy Artificial Intelligence Management Data Science Digital Marketing PGDM Cybersecurity Others Design Thinking Leadership Skills you'll gain: Portfolio Management Project Planning & Risk Analysis Strategic Project/Portfolio Selection Adaptive & Agile Project Management Duration: 6 Months IIT Delhi Certificate Programme in Project Management Starts on May 30, 2024 Get Details Skills you'll gain: Project Planning & Governance Agile Software Development Practices Project Management Tools & Software Techniques Scrum Framework Duration: 12 Weeks Indian School of Business Certificate Programme in IT Project Management Starts on Jun 20, 2024 Get Details 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. Live Events 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.
News18
5 hours ago
- Business
- News18
Dalmia Bharat Q1 net profit up 3-fold to Rs 395 cr, revenue flat at Rs 3,636 cr
Agency: PTI New Delhi, Jul 22 (PTI) 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. PTI KRH KRH SHW (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: July 22, 2025, 20:00 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Economic Times
11 hours ago
- Business
- Economic Times
Cement shares surge up to 8% today. What's fueling the rally?
Cement shares rose sharply after strong Q1FY26 results highlighted improved profitability and demand revival. Companies like India Cements, Dalmia Bharat, and Birla Corp led the gains, with optimism rising on better realisations, capacity expansions, and infrastructure-driven volume growth. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Shares of cement companies were in the spotlight on Tuesday, witnessing gains of up to 7.5% during intraday trade. The positive momentum was largely driven by strong operational performance reported by companies in their June quarter (Q1FY26) earnings, which highlighted improved profitability and healthy demand the gainers, India Cements shares rallied 7.5% to Rs 368.8, Dalmia Bharat shares surged 3.4% to Rs 2,341.90, Birla Corporation shares were up by 7.2% to their day's high of Rs 1,490.10, while Ramco Cements recorded gains of 3.8% to hit Rs 1, counters like Ambuja Cements rose 2% to Rs 625, Shree Cement by 2.8%, JK Cements by 1.9%, and JK Lakshmi Cement went up by 2.6% to Rs 1,020.85The upbeat sentiment across cement counters comes amid reports of improved year-on-year profitability for major players during Q1FY26. Volume growth, coupled with better realisation, appears to be supporting this are now focusing on expanding production capacities and strengthening their regional presence to drive future growth. For instance, UltraTech Cement aims to ramp up capacity from around 192 million tonnes per annum (mtpa) currently to over 217 mtpa by there is an emphasis on operational efficiency initiatives, including targeted reductions in production costs over the next few years, which could further enhance recent surge in cement demand follows a challenging phase last year, when the sector grappled with muted demand amid lower government spending ahead of the general elections and disruptions due to with infrastructure spending picking up and project execution improving, especially in the second half of the previous fiscal year, demand trends are showing signs of ahead, sector participants expect a robust recovery, backed by infrastructure development, housing expansion, and short-term challenges such as overcapacity and competitive pricing pressures remain, capacity expansions and cost rationalisation efforts are likely to strengthen the sector's long-term growth the cement sector's growth continues to be volume-driven, supported by infrastructure projects, housing developments, and metro connectivity initiatives across the read: Beyond 1:1 bonus issue, why HDFC Bank shares remain top pick after Q1 results Though pricing pressures are likely to persist in the near term due to competitive intensity, the demand backdrop, driven by public and private sector investments, provides a positive medium-term outlook.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
11 hours ago
- Business
- Time of India
Cement shares surge up to 8% today. What's fueling the rally?
Cement shares rose sharply after strong Q1FY26 results highlighted improved profitability and demand revival. Companies like India Cements, Dalmia Bharat, and Birla Corp led the gains, with optimism rising on better realisations, capacity expansions, and infrastructure-driven volume growth. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Shares of cement companies were in the spotlight on Tuesday, witnessing gains of up to 7.5% during intraday trade. The positive momentum was largely driven by strong operational performance reported by companies in their June quarter (Q1FY26) earnings, which highlighted improved profitability and healthy demand the gainers, India Cements shares rallied 7.5% to Rs 368.8, Dalmia Bharat shares surged 3.4% to Rs 2,341.90, Birla Corporation shares were up by 7.2% to their day's high of Rs 1,490.10, while Ramco Cements recorded gains of 3.8% to hit Rs 1, counters like Ambuja Cements rose 2% to Rs 625, Shree Cement by 2.8%, JK Cements by 1.9%, and JK Lakshmi Cement went up by 2.6% to Rs 1,020.85The upbeat sentiment across cement counters comes amid reports of improved year-on-year profitability for major players during Q1FY26. Volume growth, coupled with better realisation, appears to be supporting this are now focusing on expanding production capacities and strengthening their regional presence to drive future growth. For instance, UltraTech Cement aims to ramp up capacity from around 192 million tonnes per annum (mtpa) currently to over 217 mtpa by there is an emphasis on operational efficiency initiatives, including targeted reductions in production costs over the next few years, which could further enhance recent surge in cement demand follows a challenging phase last year, when the sector grappled with muted demand amid lower government spending ahead of the general elections and disruptions due to with infrastructure spending picking up and project execution improving, especially in the second half of the previous fiscal year, demand trends are showing signs of ahead, sector participants expect a robust recovery, backed by infrastructure development, housing expansion, and short-term challenges such as overcapacity and competitive pricing pressures remain, capacity expansions and cost rationalisation efforts are likely to strengthen the sector's long-term growth the cement sector's growth continues to be volume-driven, supported by infrastructure projects, housing developments, and metro connectivity initiatives across the read: Beyond 1:1 bonus issue, why HDFC Bank shares remain top pick after Q1 results Though pricing pressures are likely to persist in the near term due to competitive intensity, the demand backdrop, driven by public and private sector investments, provides a positive medium-term outlook.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
