Dalmia Bharat’s net profit in Q3 FY21 rises to 183 cr

03 May 2021 CW Team

Cement manufacturing major Dalmia Bharat Ltd announced a surge in its net profit to Rs 183 crore for the quarter (Q3) ended December 2020, backed by a rise in its sales volume growth and rise in margins. The Indian cement conglomerate had published a net profit of Rs 26 crore during the quarter of last monetary year in a regulatory filing.

The company's income in effect during the months of October and December 2020 rose to Rs 2,857 crore by 18.16 %, and its total expenses went up by 5.08% to Rs 2,586 crore during the corresponding year, against Rs 2,418 crore and Rs 2,461 crore in 2019 respectively.

In 2020, Dalmia Bharat also experienced an increase in its sales volume by 13.73% to 5.80 million tonne (mt) against 5.10 mt the year before.

Dalmia Bharat told the media that the premium products experienced a 66% boost each year, and the company had stable progress on fossil fuel substitution with alternative fuels and renewable energy.

Shares were settled at Rs 1,265.25 each on the Bombay Stock Exchange (BSE), after 1.72% from its previous close.

Image Source

Also read: Dalmia's big sustainability plans: Exclusive interview

Also read: Cement industry witnesses reduction in production

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Real Estate

26 Jun 2026

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

Infrastructure Urban

26 Jun 2026

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..