Dalmia Bharat Q4 consolidated profit zooms to ₹640 crore
PTI
New Delhi |
Updated on
April 30, 2021
Revenue from operations stood at ₹3,281 crore
Cement maker Dalmia Bharat Ltd on Friday reported a sharp uptick in consolidated profit at ₹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 ₹24 crore in the corresponding period a year ago. Its revenue from operations stood at ₹3,281 crore during the quarter under review, up 32.13 per cent, compared to ₹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 ₹212 crore as against a tax expense of ₹41 crore in the same period of the previous year.
Dalmia Bharat consolidated profit zooms to Rs 640 cr in Jan-March 2021
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.
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 per cent, 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 2.76 per cent lower at Rs 1,494.10 apiece on BSE.
Stock in news: Reliance, Future Retail, Dalmia Bharat, Vedanta, SBI Cards
Shares of Reliance, SBI, Future Retail, Dalmia Bharat, Vedanta, SBI Cards will be in focus in Monday s trading session
BusinessToday.In | April 5, 2021 | Updated 09:54 IST
Stocks to watch today: Reliance, SBI, Future Retail, Dalmia Bharat, Vedanta, SBI Cards
The domestic bourses, Sensex and Nifty, are expected to open lower on Monday, tracking negative trading at Nifty futures on the Singapore Exchange. Among the individual stocks, shares of Reliance Industries, State Bank of India, Future Retail, Dalmia Bharat, Vedanta, SBI Cards, Britannia Industries and Adani Enterprises will be in focus in Monday s trading session.
Dalmia Bharat receives securities worth ₹344 cr back from IL&FS Securities
PTI
New Delhi |
Updated on
April 05, 2021 Cement maker Dalmia Bharat Ltd on Friday said that securities worth ₹344 crore have been credited back to the demat account of its arm by IL&FS Securities Services following an order of the Supreme Court.
Mutual fund units of its two erstwhile subsidiaries were earlier “fraudulently and illegally transferred” by Allied Financial Services Pvt Ltd (AFSPL) “in collusion with IL&FS Securities Services Limited (ISSL),” Dalmia Bharat said in a regulatory filing.
The two subsidiaries were of Dalmia Bharat’s step-down firm Dalmia Cement (Bharat) Limited (DCBL). “We hereby further update that the said Securities of DCBL lying with ISSL were released in favour of DCBL and credited back to its demat account as per said order of the Supreme Court,” it said.