ECONOMYEconomic Times Markets ยท 2 hours agoLive
Dalmia Bharat posts Rs 205 crore Q2 loss on exceptional hit
Reported by Economic Times Markets, not nibnow. We are not the publisher of this story, only the source is.
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WHAT HAPPENED
Dalmia Bharat experienced a consolidated loss of Rs 205 crore in the September quarter of this year. This loss was due to an exceptional hit of Rs 339 crore related to asset impairment and employee separation. Sales volume rose by 3% year-on-year, while consolidated revenue increased by 4% to Rs 3,563 crore. However, EBITDA fell by 29% due to rising power and fuel costs, which increased by 22%.
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