HeidelbergCement India Reports 4.7% Rise in Q4 Profit, Revenue Up 2.6%
HeidelbergCement India's Q4 results show modest growth with net profit up 4.75% to Rs 50.45 crore and revenue increasing 2.66% to Rs 612.46 crore. Sales volume grew 2% with a 1% price increase. However, annual performance declined with net profit down 36.4% to Rs 106.75 crore and consolidated income falling 9.33% to Rs 2,194.35 crore for the full fiscal year.
HeidelbergCement India's Q4 results show revenue growth of 2.70% to ₹612.40 crore and EBITDA increase of 2.00% to ₹90.60 crore. However, net profit declined by 3.00% to ₹50.00 crore. The company expanded non-grid power usage to 46% but faced pricing pressures, resulting in a 20% drop in EBITDA per tonne. The board recommended a dividend of ₹7.00 per equity share.