| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 542.82 | 17.6% |
| Total Income | 552.18 | 16.4% |
| Expenditure | 544.63 | 18.7% |
| PBT | 7.55 | 50.4% |
| Net Profit | 5.19 | 53.7% |
| OPM | -6.80% | 0.25pp |
| NPM | 0.94% | 1.42pp |
| EPS | 0.23 | 53.1% |
HeidelbergCement India's Q3 2024 Revenue Down 10.6% YoY, EBITDA Per Tonne Decreases 46.3%
30 Jan 2025 · 30 Jan 2025, 07:34 pm
Summary
HeidelbergCement India Limited announced its unaudited financial results for the quarter ended December 31, 2024. The company's revenue decreased by 10.6% year-over-year (y/y) due to a 5.3% decrease in volume and a 5.6% decrease in price. The EBITDA per tonne decreased to INR 291, a decrease of 46.3% y/y due to lower volume and prices. The company entered into a long-term green power purchase agreement for additional c. 25 GwH p.a. for its Narsingarh & Imlai plants in Madhya Pradesh.
Key Highlights
- 1
Revenue down by 10.6% y/y due to decrease in volume by 5.3% and price by 5.6%
- 2
EBITDA per tonne decreased by 46.3% y/y due to lower volume and prices
- 3
Entered into long-term green power purchase agreement for additional c. 25 GwH p.a.
- 4
Cash & bank balance stood at INR 4,328 million as of Dec 31, 2024
- 5
Interest-free borrowings of INR 687 million, resulting in net cash of INR 3,641 million
Management Comments
Mukherjee
During the quarter, the Company’s revenue decreased by 10.6% y/y due to decrease in volume by 5.3% and price by 5.6%. The Company’s EBITDA per tonne decreased to INR 291, a decrease of 46.3% y/y due to lower volume and prices. During the quarter, the Company entered into long term green power purchase agreement for additional c. 25 GwH p.a. for its Narsingarh & Imlai plants in Madhya Pradesh.
Informational and educational content only. Not investment advice.