Cement News tagged under: Dalmia Group

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Dalmia Bharat reports 192% increase in net profit

02 August 2019, Published under Cement News

India’s Dalmia Bharat Ltd has reported a 192.3 per cent YoY increase in consolidated net profit for the quarter ending 30 June, rising to INR1.52bn (US$21.82m) from INR520m. EBITDA was up 27.3 per cent to INR6.66bn from INR5.23bn. Total revenue advanced 7.1 per cent to INR25.81bn, compared with INR24.11bn in the 1QFY18-19. Cement sales volumes were fairly consistent with the year-ago period at 4.55Mt from 4.51Mt, with the flat YoY growth attributed to general elections spanning the first t...

Dalmia quarterly results

18 August 2016, Published under Cement News

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 op...

Dalmia plans merger of listed cement units

27 August 2014, Published under Cement News

India-based Dalmia Group is considering merging its two listed cement units, OCL India and Dalmia Bharat, according to local press reports citing sources with knowledge in the matter. Following the merger, the swap ratio wil favour shareholders of OCL India, reports India Investment News. As part of the restructuring process, Dalmia Bharat also aims to merge its unlisted subsidiary Dalmia Bharat Enterprises into itself. Private equity firm Kohlberg Kravis Roberts owns a 14.5 per cent stake...