Dalmia Bharat Q2 Results: Stock surges on strong operational performance, dividend declared

Shares of Dalmia Bharat Ltd. gained over 3% on Friday, October 17, in response to its quarterly results.

The company reported a net profit of ₹239 crore, which is in comparison to a net profit of ₹49 crore that it reported during the same quarter last year. The figure was also higher than CNBC-TV18's poll Of ₹230 crore.

Revenue for the quarter increased by 11.4% on a year-on-year basis to ₹3,417 crore from ₹3,087 crore last year. The topline was marginally lower than our poll Of ₹3,465 crore.

Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) surged by 60% to ₹696 crore, while EBITDA margin rose to 20.4% from 14% in the year-ago quarter.

Dalmia Bharat has also declared an interim dividend of ₹

4 per share.

"GST rate cut is a commendable initiative by the Indian government aimed at boosting consumption and demand at a time when the economy is navigating through external geopolitical pressures. Reduction in GST on cement from 28% to 18% is a long-awaited fiscal relief and a welcome step," said Puneet Dalmia, Managing Director and CEO – Dalmia Bharat.

CFO Dharmender Tuteja said, "During the quarter, our revenue improved by 11% YoY while EBITDA increased by 60% to Rs 696 Cr backed by healthy cement realizations and benign costs. Our 3.6 MnT Umrangso clinker line has commenced trial production in Sep 2025 and should commence commercial production by Q3 FY26. With a strong balance sheet and encouraging profitability outlook, we are steadily progressing towards our vision of becoming a PAN-India player."

Shares of Dalmia Bharat are currently trading 2.50% higher at ₹2,279.90. The stock has risen 30% so far in 2025.