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

Cement industry to gain from new infrastructure spending

Published

1 week ago

July 24, 2025

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As per a news report, Karan Adani, ACC Chair, has said that he expects the cement industry to benefit from the an anticipated US$2.2tn in new public infrastructure spending between 2025 and 2030. In a statement he said that ACC has crossed the 100Mt/yr cement capacity milestone in April 2025, propelling the company to get closer to its ambitious 140Mt/yr target by the 2028 financial year. The company’s capacity corresponds to 15 per cent of an all-India installed capacity of 686Mt/yr.

Image source:https://cementplantsupplier.com/cement-manufacturing/emerging-trends-in-cement-manufacturing-technology/

Concrete

AI boom drives demand, says ACA

Published

1 week ago

July 24, 2025

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The American Cement Association projects a nearly 1Mt annual increase in US cement demand over the next three years, driven by the surge in AI data centres. Consumption by data centres is expected to grow from 247,000 tonnes in 2025 to 860,000 tonnes by 2027. With over 5,400 AI data centres currently operating and numbers forecast to exceed 6,000 by 2027, the association cautions that regulatory hurdles and labour shortages may impact the industry’s ability to meet demand.

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Concrete

GoldCrest Cement to build plant in India

Published

1 week ago

July 23, 2025

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GoldCrest Cement will build a greenfield integrated plant with a 3.5Mt/yr clinker capacity and 4.5Mt/yr cement capacity. GoldCrest Cement appointed Humboldt Wedag India as engineering, procurement and construction contractor in March 2025 and targets completion by March 2027. It has signed a 40-year supply agreement with Gujarat Mineral Development Corporation for 150Mt of limestone from its upcoming Lakhpat Punrajpur mine in Gujarat.