Dalmia Bharat consolidated profit zooms to Rs 640 cr in Jan-March 2021

Dalmia Bharat consolidated profit zooms to Rs 640 cr in Jan-March 2021

PTIUpdated: Friday, April 30, 2021, 11:21 AM IST
article-image
Representative image |

Cement maker Dalmia Bharat Ltd on Friday reported a sharp uptick in consolidated profit at Rs 640 crore for the fourth quarter ended March 31, 2021, on account of higher revenue from operations and tax credit.

Dalmia Bharat had reported a profit of Rs 24 crore in the corresponding period a year ago.

Its revenue from operations stood at Rs 3,281 crore during the quarter under review, up 32.13 percent, compared to Rs 2,483 crore in the year-ago period, Dalmia Bharat said in a regulatory filing.

During the fourth quarter ended March 31, 2021, Dalmia Bharat reported tax credit of Rs 212 crore as against a tax expense of Rs 41 crore in the same period of the previous year.

The Board of Directors has recommended a dividend of Rs 1.33 per equity share for financial year 2020-21.

Shares of Dalmia Bharat were trading 2.34 percent lower at Rs 1,501.45 apiece on BSE.

RECENT STORIES

HCL Tech Q1 FY26 Results: Net Profit Falls 10% To ₹3,843 Crore, Revenue Up 8% YoY; Declares ₹12...

HCL Tech Q1 FY26 Results: Net Profit Falls 10% To ₹3,843 Crore, Revenue Up 8% YoY; Declares ₹12...

Income Tax Dept Raids 150 Locations Across Country Against Fraudulent Tax Benefits And Fake TDS...

Income Tax Dept Raids 150 Locations Across Country Against Fraudulent Tax Benefits And Fake TDS...

Income Tax Dept Launches Nationwide Crackdown On Fake ITR Deductions; ₹1,045 Crore In False Claims...

Income Tax Dept Launches Nationwide Crackdown On Fake ITR Deductions; ₹1,045 Crore In False Claims...

InGovern Flags Regulatory Loopholes As Viceroy Report On Vedanta Sparks Concern Over Unregulated...

InGovern Flags Regulatory Loopholes As Viceroy Report On Vedanta Sparks Concern Over Unregulated...

Kesoram Industries’ Q1 Loss Widens To ₹99.3 Crore, Revenue Drops 9.3% YoY

Kesoram Industries’ Q1 Loss Widens To ₹99.3 Crore, Revenue Drops 9.3% YoY