Dalmia Bharat Ltd reported a sharp decline in consolidated net profit for the second quarter of FY25, dropping 60.16% to ₹49 crore compared to ₹123 crore in the same quarter last year. The decrease in profit was mainly due to falling cement prices, despite a notable increase in sales volume.
Revenue from operations also saw a slight dip, down 2.09% to ₹3,087 crore from ₹3,153 crore in the corresponding period of FY24. Total income fell by 2.28%, amounting to ₹3,160 crore for the quarter. While sales volumes rose by 14.1% to 6.7 million tonnes, higher expenses contributed to the overall pressure on profitability.
Dalmia Bharat’s CFO, Dharmender Tuteja, highlighted that the company achieved strong volume growth of 8.4% year-on-year, but the sustained softness in cement prices led to a decline in revenue and a 26.8% drop in EBITDA, which stood at ₹434 crore. Despite these external challenges, Tuteja emphasized the company’s focus on long-term strategies to enhance margins.
In Q2, the company commissioned a 16 MW captive solar power plant in Sattur, Tamil Nadu, bringing its total renewable energy capacity to 202 MW. As a result, renewable energy consumption increased to 39%. Dalmia Bharat, which has an installed capacity of 46.6 million tonnes, remains the fourth-largest cement manufacturer in India.
Disclaimer:
The financial information provided in this report is based on the official regulatory filings and public disclosures of Dalmia Bharat Ltd. All data and figures mentioned are accurate as of the time of reporting and subject to change based on subsequent company updates or revisions. This report is intended for informational purposes only and should not be construed as financial advice. Readers are encouraged to conduct their own research or consult with a financial advisor before making any investment decisions. Neither the author nor the publisher assumes any responsibility for actions taken based on this information.
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