- Sales Volume increased by 6.6% YoY to 6.2 MnT in Q2FY24.
- Revenue increased by 6.0% YoY to 3,149 Cr in Q2FY24.
- Net Debt/EBITDA ratio stood at 0.59x, indicating strong financial health.
- Renewable Energy consumption reached 29% during Q2’FY24, demonstrating commitment to sustainability.
- CO2 emissions reduced to 456kg/Ton of cement in Q2FY24.
- Commenced production from a new Greenfield Cement Grinding unit in Sattur, Tamil Nadu with a capacity of 2.0 MnT.
- Approved an increase in cement grinding capacity by 0.5 MnT at Rohtas Cement Works, Bihar, expected to be completed in FY25.
- Shri Puneet Dalmia recommended to succeed Shri Mahendra Singhi as MD & CEO on Dec 8, 2023.
- DCNEL allotted 153 Crore equity shares to DCBL on rights basis, increasing DCBL’s voting rights to 95.27%.
- Ongoing expansion plan to increase organic cement capacity to 49.5 MnT.
- Positive growth in sales volume and revenue.
- Improvement in EBITDA.
- Strong financial position with a low Net Debt/EBITDA ratio.
- Focused on increasing renewable energy capacity.
- Strong commitment to environmental and sustainability goals.
- Active in CSR initiatives, including skill training programs and water conservation projects.
- Recognized for energy efficiency, supply chain excellence, and safety initiatives.
- Consistently low cost of raw materials consumed and power & fuel costs.
- The provided figures reflect financial performance both with and without restructuring-related impacts.