Dalmia Bharat Ltd Q1FY22 consolidated PAT declines QoQ to Rs. 227 crores

Dalmia Bharat Ltd has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.2615 crores during the period ended June 30, 2021 as compared to Rs.3186 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.227 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.627 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.12.11 for the period ended June 30, 2021 as compared to Rs.33.39 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 2615 crs	₹ 3186 crs	-17.92%
Net Profit	₹ 227 crs	₹ 627 crs	-63.8%
EPS	₹ 12.11	₹ 33.39	-63.73%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.2615 crores during the period ended June 30, 2021 as compared to Rs.1956 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.227 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.190 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.12.11 for the period ended June 30, 2021 as compared to Rs.10.01 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 2615 crs	₹ 1956 crs	33.69%
Net Profit	₹ 227 crs	₹ 190 crs	19.47%
EPS	₹ 12.11	₹ 10.01	20.98%

Commenting on the results, Mr. Puneet Dalmia, Managing Director - Dalmia Bharat Limited, said, "Despite the challenges posed by the second wave of Covid-19, our business has once again shown resilience and successfully delivered an all-round performance. We are very excited about the opportunities that we see in the market place and our consistent performance over the last many quarters gives us immense confidence as we embark on an aggressive growth journey over the next decade."

He further added, "Our vision is to build an institution based on the principles of Growth, Profitability, Sustainability and Respect and also to be able to participate meaningfully in our country's growth story. We are committed to delivering industry leading returns to our stakeholders through our sustainable business model and a robust governance mechanism."

Mr. Mahendra Singhi, Managing Director and CEO - Dalmia Cement (Bharat) Limited said, "I am pleased with our performance during the quarter gone by which once again is an evidence of our strong and consistent growth trajectory driven by a relentless long term focus on building a brand and operating process efficiencies. Our focus on operational excellence and sustainability has enabled us maintain industry leading margins despite the challenges posed by the pandemic."

Shares of Dalmia Bharat Ltd was last trading in BSE at Rs. 2253.6 as compared to the previous close of Rs. 2224.65. The total number of shares traded during the day was 6838 in over 1011 trades.

The stock hit an intraday high of Rs. 2299 and intraday low of 2224.65. The net turnover during the day was Rs. 15506016.

Source : Equity Bulls

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