Dalmia Bharat posts Rs 205 crore Q2 loss on exceptional hit

What happened: Dalmia Bharat posted a Rs 205 crore loss for Q2, with an exceptional hit primarily related to costs from its acquisition of cement assets from Jaiprakash Associates. Key numbers: Loss Rs 205 crore. Sales volume up 3% to 7.1 million tonnes. Revenue up 4% to Rs 3,563 crore. EBITDA down 29% to Rs 493 crore. Power and fuel costs up 22% to Rs 874 crore. Interim dividend Rs 4 per share. Why it matters: The company cited demand challenges in key markets and macro-economic cost headwinds that impacted EBITDA, with higher power and fuel costs weighing on profitability.

Dalmia Bharat posted a Rs 205 crore loss for Q2, with an exceptional hit primarily related to costs from its acquisition of cement assets from Jaiprakash Associates.

The company cited demand challenges in key markets and macro-economic cost headwinds that impacted EBITDA, with higher power and fuel costs weighing on profitability.