Dalmia Bharat, India’s fourth largest cement maker, has delivered strong financial results in the September quarter. The volume-led top line growth along with an expansion in margins aided the operational performance despite the pandemic-driven market disruptions. Key result highlights Dalmia Bharat’s quarterly revenues rose 8 per cent year on year (YoY) to Rs 2,410 crore on the back of a 7 per cent YoY growth in cement volumes. Realisations came in flat, but a decline in slag prices aided gross margins....
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