Cement News tagged under: Dalmia Bharat Ltd
Dalmia Bharat reports decline in profits21 October 2024, Published under Cement NewsDalmia Bharat Ltd has reported a 60.1 per cent decline in consolidated net profits to INR490m (US$5.8m) for the September quarter due to a decline in cement prices. The company had posted a net profit of INR1.23bn for the same period last year. In this period, the company has noted that operations are also down 2.09 per cent to INR3.08bn from INR3.15bn in the previous year. Sales volume was up by 14.1 per cent to 6.7Mt YoY. Dalmia Bharat’s CFO, Dharmender Tuteja, said, “We delivere... |
Dalmia Bharat Ltd shares 1H24 results22 August 2024, Published under Cement NewsDalmia Bharat Ltd has shared its financial results for the first half of 2024, ended 30 June 2024. The installed cement capacity on this date was 45.6Mta. Sales volume saw a 6.2 per cent increase from 7Mt in the 1H23 to 7.4Mt in the 1H24. EBITDA was recorded at INR6.69bn (US$79.7m), marking a 9.2 per cent increase from the corresponding period the year previous. Puneet Dalmia, Dalmia Bharat's managing director and chief operating officer, said, “The continuity of the incumbent gov... |
Dalmia Bharat Ltd records INR2660m profit in 3QFY2425 January 2024, Published under Cement NewsDalmia Bharat Ltd reported profit after tax of INR2660m (US$32m) in the 3QFY23-24, up 22 per cent from INR2180m in the 3QFY22-23. Sales volume reached 6.8Mt in the 3QFY23-24. This was a rise of 8.1 per cent from the 6.3Mt recorded in the 3QFY22-23. The 3QFY23-24 EBITDA for the company amounted to INR7750m, a rise of 20.3 per cent from the INR6440m reported in the 3QFY22-23. Commenting on the quarter gone by, Puneet Dalmia, MD and CEO of Dalmia Bharat Ltd, said, “India has undergone a hu... |
Dalmia Cement (Bharat) Ltd orders Gebr Pfeiffer VRMs04 August 2023, Published under Cement NewsDalmia Cement (Bharat) Ltd has ordered one MVR 3750 C-4 each for two cement grinding plants, one in Ariyalur and one in Kadapa , India. The mills will produce ordinary Portland cement (OPC) and also fly ash cement at up to 160tph. The company is committed to sustainable cement production, and Gebr Pfeiffer is playing its part by optimising the grinding process to reduce CO 2 emissions per tonne of cement by up to 35 per cent. In addition to the MVR 3750 C-4 mill, equipp... |
Dalmia Bharat sees revenue advance YoY in June quarter21 July 2023, Published under Cement NewsDalmia Bharat has reported its unaudited consolidated results for the quarter ended 30 June 2023, with revenue from operations coming in at INR36,240m (US$442m) over the three-month period. This compares to INR39,120m in the previous quarter, and INR33,020m in the same period a year earlier. Profit for the June 2023 quarter stood at INR1440m, down from INR6080m in the previous quarter and INR2050m in the same period in 2022. Total expenses in the quarter ended 30 June 2023 were reported... |
Dalmia Bharat reports 20% revenue growth in FY2327 April 2023, Published under Cement NewsDalmia Bharat Ltd has reported a 20 per cent YoY increase in revenue to INR135.4bn (US$1653m) in FY22-23, ended 31 March 2023. EBITDA over the same period fell 4.5 per cent YoY to INR23,160m, while profit after tax advanced by 27.6 per cent to INR10,790m. Sales volumes for FY23 came in at 25.7Mt, up 15.9 per cent from the 22.2Mt reported in the same period a year earlier. In the 4QFY22-23, revenue improved by 15.7 per cent YoY to INR39,120m, while EBITDA increased by 3.5 per cent to IN... |
Dalmia Cement (Bharat) Ltd takes delivery of first LNG trucks06 March 2023, Published under Cement NewsDalmia Cement (Bharat) Ltd (DCBL), subsidiary of Dalmia Bharat Ltd (DBL), has deployed its first fleet of LNG trucks. DCBL has tied up with GreenLine Logistics (Green Planet Logistics Pvt Ltd), India’s first and only LNG-fuelled heavy trucking logistics company, for this significant initiative towards building a ‘green’ supply chain with an initial order of 35 trucks. The first batch of trucks have been deployed from DCBL’s Chandrapur plant in Maharashtra. The next deployment of 2... |
Dalmia Bharat to acquire Jaiprakash Associates Ltd13 December 2022, Published under Cement NewsFollowing CemNet's Jaiprakash Associates Ltd news story on Monday , Dalmia Bharat Cement has announced the acquisition of the cement assets of Jaypee Group 's flagship company Jaiprakash Associates Ltd (JAL) and its associate company's at an enterprise value of INR56,660m (US$). In a regulatory filing, Dalmia Bharat informed that its wholly-owned subsidiary Dalmia Cement (Bharat) Ltd (DCBL) has entered into a "binding framework agreement for the acquisition of clinker, cement and po... |
Dalmia Bharat Ltd reports 77% fall in consolidated net profits in Jul-Sep quarter04 November 2022, Published under Cement NewsDalmia Bharat Ltd has reported a 76.84 per cent decline in consolidated net profit at INR470m (US$5.68m) for the quarter ended September. The company had posted a net profit of INR2030m during the July-September quarter a year ago, Dalmia Bharat said in a regulatory filing. Its revenue from operations increased 15.11 per cent to INR29,710m in the second quarter of the current fiscal. In the year-ago period, the same stood at INR25,810m. Dalmia Bharat's total expenses rose nearly 29... |
Dalmia Bharat Ltd reports revenue of INR33,020m in 1QFY22-2310 August 2022, Published under Cement NewsDalmia Bharat Ltd reported its consolidated financial results for the quarter ending 30 June 2022 (1QFY2023) with revenue totalling INR33,020m (US$414.8m) compared to INR25,910m in the 1QFY2022. EBITDA reached INR5860m in the 1QFY2023 down from INR7130m in the 1QFY2022. Sales volumes rose by 27.3 per cent to 6.2Mt from 4.9Mt in the 1QFY2022. Profit after tax totalled INR2050m in the 1QFT2023 down 26.8 per cent from INR280m in the 1QFY2022. Commenting on the quarter gone by, Puneet Dalm... |