| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 3.5K | 2.6% | 10.2% |
| Total Income | 3.6K | 2.4% | 10.9% |
| Expenditure | 3.4K | 6.2% | 7.2% |
| PBT | 174.00 | 45.3% | 109.6% |
| Net Profit | 128.00 | 46.4% | 93.9% |
| OPM | 16.26% | 4.11pp | 29.43pp |
| NPM | 3.59% | 3.27pp | 1.54pp |
| EPS | 6.50 | 48.4% | 100.0% |
Dalmia Bharat Ltd Reports 9.5% Volume Growth in Q3FY26, EBITDA Grows 17.8% YoY
21 Jan 2026 · 21 Jan, 3:09 pm
Summary
Dalmia Bharat Ltd, a leading cement manufacturing company, reported its consolidated financial results for the quarter and nine months ended December 31, 2025. The company's volume grew by 9.5% YoY to 7.3 MnT, and EBITDA grew by 17.8% YoY to Rs 602 Cr. The net debt to EBITDA stood at 0.60x as on Dec 31, 2025.
Key Highlights
- 1
Volume increased by 9.5% YoY to 7.3 MnT
- 2
Quarterly EBITDA grew 17.8% YoY to Rs 602 Cr
- 3
Net Debt to EBITDA stood at 0.60x as on Dec 31, 2025
- 4
Share of Renewable Power Consumption stood at 48%
- 5
Commenced commercial production from 3.6 MnTPA Clinker Line at Umrangso, Assam on January 20, 2026
- 6
Revenues improved by 10% YoY to Rs 3,506 Cr while EBITDA improved by 18% YoY to Rs 602 Cr
Management Comments
Mr. Puneet Dalmia
Managing Director & CEO — Dalmia Bharat Limited
The Indian economy continues to grow strongly despite global headwinds. Cement demand picked up well in the last quarter post monsoon and festival period. We delivered a robust volume growth of 10% YoY during this quarter driven by focused efforts of our sale team to deliver superior value proposition to our customers. Happy to share that we commenced the commercial production from our 3.6 MnTPA new clinker line at Umrangso which will further strengthen our position in the North East. As I look forward, we remain confident of delivering sustainable and profitable growth and contributing to India’s growth journey.”
Mr. Dharmender Tuteja
Chief Financial Officer -— Dalmia Bharat Limited
During the quarter, revenues improved by 10% YoY to Rs 3,506 Cr while EBITDA improved by 18% YoY to Rs 602 Cr. We remain one of the lowest cost producers in the country, while undertaking further cost reductions driven by operational efficiencies through strategic investments. Our ongoing expansion projects in Belgaum, Pune and Kadapa are progressing as per schedule. With a robust Dalmia Bharat Limited balance sheet, comfortable leverage levels and ongoing expansion plans, we are well positioned to capitalize on the opportunities that lie ahead of us.”
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