Dalmia Bharat Limited delivered impressive financial performance for the quarter ended December 31, 2025, showcasing strong operational efficiency and revenue growth across its cement and cement-related products business.

Strong Financial Performance in Q3FY26

The company reported robust quarterly results with significant improvements across key financial metrics:

The company's revenue from operations grew 10.22% year-on-year to ₹3,506 crores, while other income increased to ₹62 crores from ₹37 crores in the corresponding quarter last year.

Nine-Month Performance Shows Consistent Growth

For the nine months ended December 31, 2025, Dalmia Bharat demonstrated sustained growth momentum:

The nine-month period reflected exceptional performance with net profit attributable to owners surging 202.82% to ₹751 crores from ₹248 crores in the previous year.

Operational Efficiency and Cost Management

The company maintained disciplined cost management while scaling operations. Total expenses for Q3FY26 were ₹3,362 crores compared to ₹3,135 crores in Q3FY25. Key expense components included:

• Power and fuel: ₹744 crores (Q3FY26) vs ₹666 crores (Q3FY25)
• Freight charges on finished goods: ₹681 crores vs ₹633 crores
• Employee benefits expense: ₹224 crores vs ₹223 crores
• Depreciation and amortisation: ₹340 crores vs ₹364 crores

Impact of New Labour Codes

The company recorded exceptional items of ₹32 crores in Q3FY26 due to the implementation of four Labour Codes notified by the Government of India on November 21, 2025. These codes consolidate 29 existing labour laws and resulted in incremental impact towards gratuity and other employee benefits. The company assessed this impact based on available guidance from the Institute of Chartered Accountants of India.

Ongoing Legal and Regulatory Matters

Dalmia Bharat continues to manage several ongoing legal proceedings, including disputes with the Bawri Group regarding shareholdings in subsidiaries, matters related to fraudulent transfer of mutual fund units, and enforcement directorate proceedings under the Prevention of Money Laundering Act. The company maintains that these matters will not have material adverse impact based on legal assessments.

Board Approval and Compliance

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on January 21, 2026. The results have been prepared in accordance with Indian Accounting Standards and comply with SEBI Listing Regulations. The company maintains its paid-up equity share capital at ₹38 crores with face value of ₹2 per share.

Dalmia Bharat Limited has successfully commenced commercial production at its 3.6 MTPA clinkerisation facility in Umrangso, Assam, marking a significant milestone in the company's capacity expansion program. The facility, located in Dima Hasao district, began operations on January 20, 2026, through the company's subsidiary Dalmia Cement (North East) Limited.

Capacity Enhancement Details

The new clinkerisation unit represents a substantial addition to the group's manufacturing capabilities. The facility specifications and impact are outlined below:

Group Capacity Overview

With the commencement of the Umrangso facility, Dalmia Bharat's overall manufacturing capacity has expanded significantly:

The addition of 3.6 MTPA clinkerisation capacity strengthens the company's production capabilities in the northeastern region of India. The facility enhances the group's ability to serve local markets while supporting broader distribution networks.

Strategic Expansion Timeline

The Umrangso project was initially disclosed to stock exchanges in May 2023 as part of the company's regulatory compliance under SEBI Listing Regulations. The successful commissioning within the planned timeframe demonstrates effective project execution and operational readiness.

Dalmia Cement (North East) Limited, the subsidiary operating the facility, now contributes significantly to the parent company's expanded manufacturing footprint. The facility's strategic location in Assam positions the group to better serve northeastern markets and optimize logistics operations.

Regulatory Compliance

The company filed the disclosure under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, ensuring transparency with stakeholders regarding this material development. The announcement fulfills the company's commitment to keep investors informed about capacity expansion progress and operational milestones.