Dalmia quarterly results

Dalmia quarterly results
18 August 2016

Dalmia Bharat announced its unaudited consolidated financial results for the quarter ended 30 June 2016. Dalmia performed well in the period, achieved through a focus on branding, customer centricity and cost optimisation.

The company reported that it achieved an EBITDA margin of 29 per cent and its sales volume increased 22 per cent YoY. It also worked towards expanding its sustainable footprint, with non-fossil fuel usage reaching 83 per cent. Operational efficiency was also aided by optimising kiln heat consumption and attaining a higher cement to clinker ratio.

Logistics management strategy was also addressed in the quarter, with Dalmia managing to lower its costs by 11 per cent YoY and eight per cent QoQ.

On account of commissioning two new plants, Belhaum in Karnataka and Umrangshu in Assam, Dalmia reported that its finance costs and depreciation were higher.

Published under Cement News