Dalmia Bharat Limited Announces Its Q1FY22
Mumbai: Dalmia Bharat Limited, (BSE: 542216, NSE: DALBHARAT), a leading cement manufacturing company, reported its consolidated financial results for the quarter ending June 30, 2021.
Highlights for the Quarter ended June 30, 2021
| (Figures in Rs. Cr.) | ||||
| Particulars (Rs. Cr) | Q1FY22 | Q1FY21 | YoY | |
| Sales Volume (MnT) | 4.89 | 3.66 | 33% | |
| Income from Operations | 2,589 | 1,901 | 36% | |
| EBITDA | 700 | 615 | 14% | |
| Profit Before Tax | 372 | 299 | 24% | |
| Profit After Tax | 277 | 191 | 45% | |
| PAT Margin (%) | 10.7% | 10.0% | 67bps | |
| EPS (Rs.) | 14.23 | 10.18 | 40% | |
| Net Debt to EBITDA (x) | 0.08 | 1.02 | ||
Commenting on the results, Mr. Puneet Dalmia, Managing Director – Dalmia Bharat Limited, said, “Despite the challenges posed by the second wave of Covid-19, our business has once again shown resilience and successfully delivered an all-round performance. We are very excited about the opportunities that we see in the market place and our consistent performance over the last many quarters gives us immense confidence as we embark on an aggressive growth journey over the next decade.”
He further added, “Our vision is to build an institution based on the principles of Growth, Profitability, Sustainability and Respect and also to be able to participate meaningfully in our country’s growth story. We are committed to delivering industry leading returns to our stakeholders through our sustainable business model and a robust governance mechanism.”
Mr. Mahendra Singhi, Managing Director and CEO – Dalmia Cement (Bharat) Limited said, “I am pleased with our performance during the quarter gone by which once again is an evidence of our strong and consistent growth trajectory driven by a relentless long term focus on building a brand and operating process efficiencies. Our focus on operational excellence and sustainability has enabled us maintain industry leading margins despite the challenges posed by the pandemic.”
Key Recognitions
- Mr. Puneet Dalmia, Managing Director – Dalmia Bharat Limited, has been appointed by the Government India as Chairman of 25 member development council for cement industry
- Carbon Pricing Leadership Coalition (CPLC) of World Bank Group designated Mr. Mahendra Singhi, Managing Director and CEO – Dalmia Cement (Bharat) Limited, as Carbon Pricing Champion
- Dalmia Cement starts Electric Vehicles transition by joining EV 100 and becomes first triple joiner globally (of RE 100, EP 100 and EV 100)
