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Cement maker Dalmia Bharat on Friday reported a multi-fold increase in consolidated net profit at Rs 239 crore for the second quarter ended September 2025, helped by improved sales realisation, reduction in expenses etc. The company had posted a net profit of Rs 49 crore in the July-September quarter a year ago, according to a regulatory filing from Dalmia Bharat. Its revenue from operations was up 10.68 per cent to Rs 3,417 crore in the September quarter. This was at Rs 3,087 crore in the corresponding period of the previous fiscal. Total expenses of Dalmia Bharat in the September quarter were at Rs 3,165 crore, up 2.52 per cent. Its "EBITDA increased by 56 per cent year-on-year to Rs 1,013/ton," it said. Dalmia Bharat's total income, which includes other income, was at Rs 3,483 crore, up 10.22 per cent in Q2/FY'26 In the first half of this fiscal (H1/FY'26) , Dalmia Bharat's total income was up nearly 5 per cent to Rs 7,168 crore. "During the quarter, our revenues improved by
Cement maker Dalmia Bharat Ltd on Saturday reported a decline of 60.16 per cent in consolidated net profit to Rs 49 crore for the September quarter on account of decline in cement prices. The company had posted a net profit of Rs 123 crore in the year-ago period, Dalmia Bharat said in a regulatory filing. Its revenue from operations was also down 2.09 per cent to Rs 3,087 crore during the quarter under review. It was at Rs 3,153 crore in the corresponding period of the previous fiscal year. Dalmia Bharat's total expenses were at Rs 3,087, marginally up in the September quarter. However, sales volume was up 14.1 per cent to 6.7 million tonnes (MT) in the second quarter of the ongoing fiscal year. Total income of the Dalmia family-promoted cement firm was also down 2.28 per cent to Rs 3,160 crore. "We delivered a strong volume growth of 8.4 per cent year-on-year in Q2 FY25. However, the continuous & unprecedented softness in cement prices resulted in revenue declining 2.1 per cent
In a surprising turn of events, a Delhi court was on Thursday told that Rs 6 crore reportedly extorted by alleged conman Sanjay Prakash Rai alias Sanjay Sherpuria from Dalmia Family Office Trust, in which Gaurav Dalmia is a trustee, was part of the money that was allegedly embezzled by Dalmia from the Ansals. The submission was made by Rai's lawyer during arguments on his bail application before Special Judge Sachin Gupta. The judge sought explanation from the Enforcement Directorate (ED) on this point by December 8 when the court will further hear the matter. Advocate Nitesh Rana, appearing for the accused, submitted before the court that the ED itself was confused about the case. Rana said that Rs 6 crore alleged proceeds of crime against Rai is part of money embezzled by Gaurav Dalmia from Ansal Properties and Infrastructure Ltd. and Ansal Landmark Township Ltd. for which the ED in Lucknow has been investigating since 2022. "The Dalmia group has misappropriated Rs 53.14 crore f
The US International Development Finance Corporation (DFC) on Wednesday committed USD 30 million to Dalmia Polypro Industries for building a plastic recycling facility in Maharashtra. Dalmia, which produces high-quality recycled materials from post-consumer plastic waste, will raise the money from external commercial borrowing (ECB) route to fund the new recycling facility in Nashik, DFC said in a statement. It said the new facility will support improvements in India's plastic waste value chain and expand the capacity to reduce plastic waste, DFC's regional managing director for South Asia, Ajay Rao, said. The statement said the facility will have a recycling capacity of 1,71,000 metric tonne per year, and help Dalmia Polypro develop food-grade recycled materials and applications. The facility will produce high quality recycled PET (rPET), PP (rPP) and HDPE (rHDPE) flakes and granules and will be partially powered by renewable energy and biofuel. An agreement for the facility was
RHI Magnesita is in process of acquiring the refractory business of Dalmia Bharat Refractories Limited (DBRL) in India for about Rs 1,708 crore, Stefan Borgas, CEO of the Vienna-based company, has said. The share swap deal is being made through RHI Magnesita India, he added. "DBRL will transfer its business to Dalmia OCL (DOCL). Under the terms of a share swap agreement, RHI Magnesita will acquire all outstanding shares in DOCL in exchange for 27 million new shares in RHI Magnesita India Limited," Borgas said. Based on the issuance price of RHI Magnesita India Limited at Rs 632.5029 per share, the share consideration had a value of approximately Rs 1,708 crore (about 208 million euros), the CEO said. The acquisition will significantly increase RHI Magnesita's presence in the fast-growing Indian refractory market, with steel production in India expected to grow 12 per cent in 2022, and a 7-8 per cent compound annual growth rate until 2030, Borgas added. Refractory is used by a wide
Sugar stocks fell sharply on Wednesday, a day after the government imposed restrictions on sugar exports from June 1 to increase availability of the commodity in domestic market and curb price rise. Shares of Dalmia Bharat Sugar and Industries plummeted 13.40 per cent, Dwarikesh Sugar tumbled 9.38 per cent, Uttam Sugar Mills plunged 9.30 per cent and Balrampur Chini Mills tanked 8.56 per cent on the BSE. Also, Avadh Sugar & Energy dived 8.04 per cent, Shree Renuka Sugars declined 6.69 per cent and Mawana Sugars dipped 4.97 per cent. "Export of sugar (raw, refined and white sugar) is placed under restricted category from June 1, 2022 onwards," the Directorate General of Foreign Trade (DGFT) said in a notification on Tuesday. In a statement, the government said with a view to maintain domestic availability and price stability of sugar in the country during sugar season 2021-22 (October-September), it has been decided to regulate the sugar exports with effect from June 1.