Dalmia Bharat Limited has announced its financial results for the second quarter ending September 30, 2024. The company reported revenue from operations of ₹3,087 crore in Q2 FY24, marking a 2% year-on-year (YoY) decline from ₹3,153 crore in Q2 FY23 and a 15% quarter-on-quarter (QoQ) decline from ₹3,621 crore in Q1 FY24.
The net profit for the quarter stood at ₹49 crore, reflecting a 60% YoY decrease compared to ₹123 crore in Q2 FY23. Additionally, the net profit dropped 66% QoQ from ₹145 crore in Q1 FY24.
The results point to a tough quarter for Dalmia Bharat, with declines in both revenue and profit as rising costs and operational challenges weighed on performance.
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Dalmia Bharat