Cement & Cement Products Company Dalmia Bharat announced Q3FY25 results Financial Highlights: Income from Operations: Rs 3,181 crore (-11.7% YoY). EBITDA: Rs 511 crore (-34.5% YoY). EBITDA/T: Rs 765/T (-33.1% YoY). PAT: Rs 66 crore (-75.2% YoY). Net Debt to EBITDA: 0.55x (up from 0.16x YoY). Business Highlights: Volume declined 2.0% YoY to 6.7 MnT Executed Renewable Power Agreements under Group Captive for 21 MW (in addition to 278 MW already executed in H1FY25) Puneet Dalmia, Managing Director & CEO – Dalmia Bharat, said, “After multiple years of high growth, India witnessed a slightly slow start to the year, but government's continuous focus on investment-led growth coupled with the strong structural growth drivers underpin my confidence in a rebound of the Indian economy. In this backdrop, I believe cement demand growth will regain momentum. Our capacity expansion plans are on track as we will reach 49.5 MnT by the end of this year.” Dharmender Tuteja, Chief Financial Officer – Dalmia Bharat, said “Cement demand growth in Q3 fell short of our earlier expectations. Our volumes de-grew by 2% YoY while EBITDA fell 34.5% YoY to Rs 511 crore with persistent softness in cement prices. With demand now gaining traction and prices showing signs of optimism, we are confident about a stronger performance in the upcoming quarters.” He further added, “Our strong Balance Sheet with a healthy leverage ratio ensures that we are well-positioned to pursue the next phase of expansion.” Result PDF