Economy & Market

Dalmia Bharat Q4 profit jumps over 2-fold to Rs 264 cr

Published

4 years ago

October 21, 2021

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Cement major Dalmia Bharat had posted a net profit of Rs 124 crore in the January-March quarter a year ago, the company said in a release.

The company posted over two-fold jump in its consolidated net profit at Rs 264 crore for the fourth quarter ended March 2019. Its total revenue during the quarter under review rose 7.79 per cent to Rs 2,905 crore as against Rs 2,695 crore in the corresponding period of the previous fiscal. Its total expenses stood at Rs 2,641 crore, up 4.88 per cent from Rs 2,518 crore in the year-ago period.

Its sales volume was up 7.52 per cent to 5.57 million ton (MT) as against 5.18 MT in the January-March quarter a year ago.

"The sales volume growth for the company has been 8 per cent and 10 per cent YoY, respectively, in January-March and 2018-19. With the increase in volumes, the company has achieved a capacity utilisation of 72 per cent during 2018-19 as against 68 per cent in 2017-18," Dalmia Bharat said in a statement.

For the 2018-19 fiscal, the company’s net profit was Rs 349 crore as against Rs 291 crore in 2017-18. Its total income stood at Rs 9,728 crore in 2018-19. It was Rs 9,101 crore in the previous fiscal.

Concrete

Shree Cement reports 2025 financial year results

Published

4 days ago

June 17, 2025

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Shree Cement posted revenue of US$2.38 billion for FY2025, marking a 5.5 per cent decline year-on-year. Operating costs rose 2.9 per cent to US$2.17 billion, resulting in an EBITDA of US$528 million—down 12 per cent from the previous year. Net profit fell 50 per cent to US$141 million. The company reported cement sales of 9.84Mt in Q4 FY2025, a 3.3 per cent increase from 9.53Mt in Q4 FY2024, with premium products making up 16 per cent of total sales.

Image source:https://newsmantra.in/

Concrete

Rekha Onteddu to become director at Sagar Cements

Published

4 days ago

June 17, 2025

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Sagar Cements has announced the appointment of Rekha Onteddu as a non-executive independent director, effective 30 June 2025. According to People in Business News, Rekha Onteddu is currently serving in a similar capacity at Andhra Cements, the parent company of Sagar Cements.

Image source:https://sagarcements.in/

Concrete

India’s cement consumption set to rise

Published

4 days ago

June 17, 2025

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According to a Moody’s report, India’s cement consumption is projected to rise by 50 per cent over the next five years, increasing from 445 million metric tons per annum (MMTPA) in FY24 to 670 MMTPA by 2030. This growth is expected to be driven by government infrastructure spending and rising housing demand, with an anticipated annual growth rate of 6-7 per cent. To meet this demand, major cement companies are likely to continue acquiring smaller, less profitable firms.

Image source:https://www.telegraphindia.com/