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News Dalmia Bharat sales and costs up

Dalmia Bharat sales and costs up

Written by Global Cement staff 10 May 2019
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India: Dalmia Bharat’s income rose by 7% year-on-year to US$1.36bn in the year to 31 March 2019 from US$1.26bn in the same period in 2018. Its cement sales volumes grew by 10% to 18.7Mt from 17Mt. However, its earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 5% to US$278m from US$292m. The cement producer blamed mounting slag and petcoke costs for the growing production costs although it noted that the prices had started to ‘soften’ in the most recent quarter.

Last modified on 15 May 2019
Published in Global Cement News
Tagged under
  • India
  • Dalmia Bharat
  • Results
  • GCW404
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