Cement News tagged under: Dalmia Bharat Cement
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 Bharat outlines next phase of expansion13 April 2023, Published under Cement NewsDalmia Bharat Ltd is planning to expand its cement production capacity to 75Mta by 2027, from its current capacity of 39Mta. The first phase of this expansion will see capacity increase to 54Mta by the close of FY23-24. Through these expansion plans, the company is aiming to reduce its exposure in the east-south region and focus primarily on the western, mid and northern regions, according to The Hindu. With India’s cement consumption forecast to rise faster than its GDP, the cement pro... |
Dalmia Bharat suspends entire manufacturing capacity30 March 2020, Published under Cement NewsIndia’s Dalmia Bharat has suspended its entire 26.5Mta of cement manufacturing capacity as a result of the coronavirus, according to a press release. "We are continuously monitoring the situation and the immediate task is to ensure that the chain of transmission of COVID-19 breaks. We will decide to restart production once the lockdown is over, based on the directions of the state and central governments," said Mahendra Singhi, managing director and CEO. Although the plants have the requ... |
Dalmia sees 5% hike in 2Q revenues22 October 2019, Published under Cement NewsDalmia Bharat Cement reported consolidated revenues of INR22.85bn (US$322m) in the quarter ended 30 September 2019 (2QFY19-20), up 5.2 per cent when compared with INR21.73bn in the year-ago period. The company posted a consolidated profit of INR360m for the quarter ended 30 September 2019. In other news, the company said it plans to become a pan-India players with the acquisition of Murli Cement in Maharashtra and a a new plant in Rajasthan. This would enable Dalmia Bharat to enter the Mah... |
Dalmia produces new modified cement in Tamil Nadu03 December 2018, Published under Cement NewsIndia-based Dalmia Bharat Cement has developed a new, chemically-modified cement for infrastructure projects. “We have come out with engineered cement, chemically modified and targeted at high performance infra projects that would require only three days of curing instead of three-four weeks,” Dalmia Cement’s Executive Director, Sujit Ghosh, said. “We have already filed for patent for this variant of cement. It will benefit infrastructural as well as large-scale housing construction in ... |
UltraTech and Dalmia Bharat highest bidders in Binani Cement deal19 February 2018, Published under Cement NewsUltraTech Cement and Dalmia Bharat-Bain Piramal Resurgence Fund consortium are leading the bids for Binani Cement, according to Indiainfoline. Both partieshave submitted bids of approximately INR60,000m (US$927.9m). For the final decision to be made by the creditors, both the bidders are asked to furnish additional details pertaining to their bids. In addition, UltraTech is required to provide information on a Competition Commission of India (CCI) penalty. In 2016, CCI imposed a penalty of ... |
Dalmia Bharat begins using national waterways for exports16 January 2018, Published under Cement NewsDalmia Bharat Cement exported its first cement shipment of 200Mt from Pandu port to Dhubri on Friday, reports The Telegraph. The occasion marked Dalmia’s fifth brand anniversary in the northeast region of India, with the shipment being released by Mahendra Singhi, Group CEO, Dalmia Cement. The company is using national waterways, such as the Brahmaputra, to transport cement in the hope that it will reduce the cost of logistics. |
Dalmia Bharat Cement launches new product09 January 2018, Published under Cement NewsDalmia Bharat Cement has launched a new product, Dalmia DSP. The new cement is a premium-quality slag cement designed for the Dhalai process. It has been formulated for life-long stability and features a best-in-class one-day (+15MPa) and 28-day (+56MPa) strength, according to the Dalmia Cement website. To promote this new product, the company released a new advertising campaign featuring a humanoid robot. The campaign has been designed to make the science of the cement industry more ende... |
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