Cement & Cement Products company Heidelberg Cement announced Q2FY25 results The Company's revenue decreased by 18.5% YoY driven by a 15% decrease in volume and decrease in price 4%. On a per tonne basis, operating cost including freight increased by 1% YoY mainly due to decrease in volume partially offset by lower power and fuel prices. Driven by decrease in volume and prices, the company’s EBITDA per tonne decreased to Rs 380, a decrease of 36% YoY. Debottlenecking project of clinker plant at Narsingarh is on track and is likely to be completed by Q4FY25. The Company has signed a Manufacturing Tie-up Arrangement with Himalaya Height Cement Private Limited on 16 July 2024 and started buying cement from their Bhabhua Grinding Plant in Bihar from end of Aug 2024. The Company distributed dividend of % 8 per share pertaining to FY24. As at Q2FY25, cash & bank balance stood at Rs 4,100 million as against interest free borrowings of Rs 1,381 million. Result PDF