Dalmia Bharat Q4 net rises over twofold to Rs 115 cr

Image
Press Trust of India New Delhi
Last Updated : May 19 2016 | 11:42 AM IST
Diversified firm Dalmia Bharat today reported more than twofold jump in consolidated net profit at Rs 114.86 crore for the quarter ended March 31, on account of higher sales.
It had clocked a net profit of Rs 47.28 crore in the same quarter corresponding year.
Net sales increased to Rs 1,880.49 crore, up 47.86 per cent, from Rs 1,271.76 crore in the review period.
Dalmia Bharat has its presence in cement, sugar, refractories and power manufacturing.
For the full fiscal, the company's consolidated net profit increased to Rs 190.81 crore from Rs 3.05 crore in the 2014-15 fiscal.
Net sales stood at Rs 6,367.26 crore in 2015-16 as against Rs 3,471.36 crore in the previous financial year.
Shares of the company were trading 4.40 per cent lower at Rs 892.45 on BSE.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 19 2016 | 11:42 AM IST

Next Story