Business

Dalmia Bharat shines in unprecedented times

New Delhi, May 1: Dalmia Bharat Limited, a leading cement manufacturing company, has reported its consolidated financial results for the quarter and full year ending March 31, 2021.

Commenting on the results, MD Puneet Dalmia said, “Dalmia Bharat is incredibly proud of its people for delivering industry leading all round performance despite a very tough environment. With another year of strong financial and operating performance, we are on a clear path of accelerated growth backed by a strong Balance Sheet and an exceptionally dedicated team.”

Mahendra Singhi, MD and CEO at Dalmia Cement (Bharat) Limited, said, “I am delighted with our company’s performance this year. The performance is backed by broad-based revenue growth of 9.0% across each region of our operation and EBITDA margin expansion of 460bps. Through a much-disciplined execution, we have successfully increased our capacity by ~16% while simultaneously pre-paying our gross debt.”

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