Dalmia Bharat

Dalmia Bharat begins production at new unit in Tamil Nadu plant – ET Infra

Cement maker Dalmia Bharat Ltd has commenced production at its new mill in Ariyalur manufacturing unit in Tamil Nadu, according to a regulatory filing by the company. With the commencement of commercial production of this 1 MTPA cement unit, the total cement manufacturing capacity of the company stands at 45.6 MTPA, it said. “With an […]

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Cement companies’ Q2 profitability to surge on strong volumes – ET Infra

A strong year-on-year growth in volume, along with lower cost of power and fuel is seen boosting earnings of domestic cement producers in the September quarter, with average profitability of the industry seen surging by at least 50% compared to the previous year, said analysts. While operating margins are seen lower on a sequential basis

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Capacity addition to limit improvement in profitability for cement makers – ET Infra

While the recent uptick in prices and lower input costs is seen shoring up the operating profit of Indian cement makers in the near term, profitability is seen capped over the medium term as companies are unable to take significant price hikes amid capacity additions, analysts said. India is expected to consume around 440 million

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Dalmia Bharat’s deal to buy Jaypee’s cement assets hits a legal hurdle – ET Infra

Dalmia Bharat‘s acquisition of Jaiprakash Associates‘ cement assets for ₹5,666 crore has hit a legal hurdle due to a shareholder dispute at one of the joint-venture plants that was to be acquired as part of the transaction, according to sources aware of the matter. As per stock exchange disclosures by New Delhi-based Dalmia Bharat, India’s

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Ambuja-ACC, JK Lakshmi lead race to acquire Sanghi Cement – ET Infra

NEW DELHI: Adani group-owned Ambuja-ACC and JK Lakshmi Cement are ahead in the race to acquire Ahmedabad-based Sanghi Cement which is being sold for an estimated enterprise value of Rs 6,000 crore, people familiar with the matter said. The two frontrunners are expected to start due diligence on the company soon and, if it is

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Dalmia Bharat posts 34% fall in Q1 profit on pricing concerns – ET Infra

Indian cement manufacturer Dalmia Bharat reported a nearly 34% fall in first-quarter profit on Thursday as lack of growth in cement prices and rise in raw material prices outweighed volume growth. The company’s consolidated net profit fell to 1.30 billion Indian rupees ($15.86 million) for the quarter ended June 30, from 1.96 billion rupees a

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Dalmia Bharat expects to improve as operating cost normalises – ET Infra

NEW DELHI: Cement maker Dalmia Bharat Ltd has said it expects the company’s profitability to gradually improve as commodity inflation cools down. Dalmia Bharat will also establish presence in the markets of western, mid and northern regions, emerging as a pan-India pure-play cement company, the company said in its annual report. The company’s profitability will

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Dalmia Bharat expects to improve as operating cost normalises – ET Infra

NEW DELHI: Cement maker Dalmia Bharat Ltd has said it expects the company’s profitability to gradually improve as commodity inflation cools down. Dalmia Bharat will also establish presence in the markets of western, mid and northern regions, emerging as a pan-India pure-play cement company, the company said in its annual report. The company’s profitability will

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Dalmia Bharat blended cement being used in major highway projects – ET Infra

Representative Image MUMBAI: Blended cement by Dalmia Bharat Ltd is being used in major infrastructure projects including the Union government’s marquee Bharatmala scheme. Cement blends Dalmia INFRAPRO and Dalmia INFRAGREEN have been introduced by Dalmia Bharat Ltd., one of India’s top cement manufacturers, in connection with important infrastructure projects. The business has already begun offering

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