Dalmia Bharat posts Rs 214 cr PAT in Q2

Dalmia Bharat Limited on October 27 reported its consolidated financial results for the quarter ending September 30, 2021.

According to a press release, the income from operations was Rs 2,577 crore as compared to Rs 2,313 crore in Q2FY21. The H1FY22 operational income was Rs 5,164 crore as compared to Rs 4,214 crore in the corresponding period last year.

The Profit After Tax (PAT) for the company stood at Rs 214 crore as against Rs 231 crore in Q2FY21. The PAT for H1FY22 was Rs 502 crore as against Rs 422 in H1FY21.

Commenting on the results, Puneet Dalmia, Managing Director, Dalmia Bharat Limited, said, “We are pleased with our performance during the quarter. In spite of unprecedented cost-related headwinds across regions, our razor-sharp focus on operation efficiencies and execution has helped us contain our costs and deliver industry-leading performance.”

Mahendra Singhi, MD & CEO, Dalmia Cement (Bharat) Limited, said: “We are encouraged with higher volumes in a seasonally weak quarter. Our inbuilt operational flexibility along with continued effort and foresightedness of our people has helped us mitigate some of the inflationary impact of the input costs.”