Cement manufacturer Dalmia Bharat has registered a 52.16 per cent year-on-year decline in its consolidated net profit in the first quarter of the fiscal year 2027. The company’s net profit attributable to the owners of the parent declined to Rs 188 crore from Rs 393 crore in Q1FY26. Sales volume was up 9 per cent on a year-on-year basis during the quarter.
The financial results of the company showed that the revenue from operations rose to Rs 3,890 crore in Q1FY27 from Rs 3,636 crore during the corresponding quarter of FY26. However, the revenue declined on a sequential basis, when compared with Rs 4,245 crore in Q4FY26. Earnings before interest, taxes, depreciation and amortisation (Ebitda) stood at Rs 805 crore in Q1FY27, marking a decline of 8.8 per cent on a YoY basis.
“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,” stated Puneet Dalmia, Managing Director and Chief Executive Officer (CEO), Dalmia Bharat.
Key Acquisitions During the Quarter
In Q1FY27, the company completed the acquisition of Jaiprakash Associates' cement undertaking. Through this acquisition, the company added 5.2 MnTPA of cement capacity and 3.3 MnTPA of clinker capacity across four strategically located plants in Madhya Pradesh and Uttar Pradesh, at an enterprise value (EV) of Rs 2,850 crore.
The company entered into a share subscription and shareholders’ agreement and a power consumption agreement to acquire 41 per cent stake (26 per cent on a fully-diluted basis) in Oyster Green Hybrid Five, in one or more tranches, at an aggregate consideration of approximately Rs 17 crore. This is related to the sourcing of hybrid power (wind & solar) as a captive consumer for its Kadapa plant, the company said. |
