Dalmia Bharat Q1 Profit Falls 51.4% to Rs 192 Cr, Revenue Grows 7%

New Delhi: Cement maker Dalmia Bharat Ltd on Friday reported a 51.4 per cent year-on-year decline in its consolidated net profit at Rs 192 crore in the June quarter of FY27, mainly on account of exceptional items.

The company had posted a net profit of Rs 395 crore in the April-June quarter a year ago, Dalmia Bharat said in a regulatory filing.

Its revenue from operations went up by 7 per cent to Rs 3,890 crore in the June quarter of FY27. This was at Rs 3,636 crore in the corresponding period of the previous fiscal.

Dalmia Bharat has reported an exceptional loss of Rs 182 crore during the quarter, which mainly accounts for acquisition-related costs of Rs 177 crore of the remaining cement assets of debt-ridden Jaiprakash Associates Ltd (JAL).

The estimated acquisition-related costs of Rs 177 crore were in connection with the transaction. Considering the non-recurring and transaction-specific nature of these costs and their materiality to the financial results, the same has been disclosed as an exceptional item in the financial results for the quarter ended June 30, 2026, it said.

It had reported a profit before exceptional item and tax of Rs 436 crore, which is 13.14 per cent down on a YoY basis. It was at Rs 502 crore.

In the latest June quarter, Dalmia Bharat’s sales volume was up 9 per cent to 7.6 million tonnes.

Total expenses were at Rs 3,593 crore, up 12.9 per cent year-on-year.

Total income, which includes other income, was also up 9.33 per cent at Rs 4,029 crore.

According to Dalmia Bharat, its EBITDA per tonne improved sequentially to Rs 1,055 crore from Rs 805 crore, an earnings statement said.

Commenting on the annual results, Chief Financial Officer Dharmender Tuteja said, “Despite temporary disruptions owing to state elections, we delivered a robust volume growth of 9 per cent on a YoY basis. Supported by healthy price increases and focused initiatives across the business, we were able to offset the cost escalation meaningfully and deliver a robust EBITDA of Rs 1,055 per tonne.” Meanwhile, in a separate filing, Dalmia Bharat informed its board has approved the appointment of Yatin Malhotra as the Chief Financial Officer of the company with effect from August 1. He will replace Dharmender Tuteja, who is superannuating on July 31, 2026.

Managing Director & CEO Puneet Dalmia said: “This quarter marks an important milestone with the acquisition of cement assets in the central region, as we move firmly towards our aspiration of becoming a pan-India player. Our earlier association with these assets and the markets provides us a great head start. As we look ahead, our endeavour will be swift ramp-up and embedding Dalmia’s cost leadership practices to unlock superior returns.” Shares of Dalmia Bharat Ltd on Friday settled at Rs 1,801 apiece, down 2.93 per cent from the previous close.

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