Dalmia Bharat’s net profit up 37.19% in Q4 FY25, Real Estate News, ET RealEstate
NEW DELHI: Dalmia Bharat has reported a growth of 37.19 per cent in its net consolidated profit during the quarter ended March 31, 2025. Its profit after tax (PAT) stood at ₹439 crore in Q4 FY25 as against ₹320 crore it recorded in the corresponding quarter of the previous fiscal, the company said in a BSE filing.
The company’s net consolidated total income stood at ₹4,184 crore in Q4 FY25, a dip of 5.49 per cent from ₹4,427 crore it recorded in the similar quarter last year.
Puneet Dalmia, managing director & CEO of the company said, “Having successfully achieved our milestone of cement capacity at 49.5 MnT, we have commenced the next phase of expansion with the recently announced capacity addition of 6 MnT catering mainly to new markets in Western India. During the current year, while profitability remained subdued due to soft demand and weak pricing, I am confident to deliver profitable growth going forward on the back of stronger volumes, improved realizations and a consistent focus on cost leadership.”
The board of directors recommended final dividend of ₹5 per equity share of face value of ₹2 each fully paid up (i.e. 250%) for the financial year ended March 31, 2025.
The company commissioned 2.4 MnT cement capacity in Lanka, Assam and 0.5 MnT of cement capacity in Rohtas, Bihar. This takes its overall installed capacity to 49.5 MnT.
It also announced investment of ₹3,520 crore to establish a 3.6 MnTPA clinker unit with a 3 MnTPA grinding unit at existing Belgaum plant, Karnataka coupled with a new 3 MnTPA greenfield split grinding unit in Pune, Maharashtra.
Dharmender Tuteja, chief financial officer of the company said, “Our cement volumes declined by 3% year-on-year in Q4, primarily due to the discontinuation of JP tolling volumes. However, quality of sales improved driven by a higher share of trade sales and increased contribution from premium products. Revenue from operations declined by 5% year-on-year to ₹4,091 crore, reflecting the continued softness in cement prices. However, our EBITDA grew by 21% year-on-year to ₹793 crore during the quarter due to our continued focus on cost leadership through various initiatives including increase in renewable power capacity.”
The company commissioned 2.2 MW captive solar power plant at Lanka, Assam, while 13 MW is commissioned under the group captive agreements, increasing its total operational renewable energy (RE) capacity to 267 MW. Total operational renewable capacity, including the group captive, is expected to reach 595 MW by end of FY26.
Dalmia Cement (Bharat) (DCBL) has received a provisional order of attachment (POA) in April 2025 for ₹793 crore and attached certain land parcels of the company amounting to ₹377 crore, issued by the directorate of enforcement (ED), Hyderabad under prevention of money laundering act, 2002 (PMLA). The provisional attachment by ED emanates from an earlier case registered by the central bureau of investigation (CBI) in 2011 wherein they had made certain allegations against DCBL vide their charge sheet filed in 2013. “In the opinion of the group and basis the legal advice, no offence is made out against DCBL, and no adverse impact is expected to devolve on the company,” it said in the regulatory filing.
The company’s volume improved by 2% year-on-year to 29.4 MnT while net debt to EBITDA stood at 0.3x during the quarter ended March 31, 2025.
