Dalmia Bharat Posts Strong Q3; Outlook Remains Positive: Dolat Capital 

Dalmia Bharat Posts Strong Q3; Outlook Remains Positive: Dolat Capital

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Dolat Capital Report

Dalmia Bharat Ltd. reported results above estimates on all fronts.

The company posted strong set of numbers with up 18.2%/ up 51.2%/ up 658.3% YoY growth in revenue/ Ebitda/ adjusted profit after tax to Rs 28.6 billion/ Rs 6.9 billion/ Rs 1.8 billion led by up 13.7%/ up 3.9% YoY growth in volume/ realization (down 1.9% QoQ).

The company has a strong brand presence in its operating markets viz. East, North East and South (Tamil Nadu) market.

The company expects to continue market share gains owing to its strong distribution and on-track capacity expansions in the east.

Click on the attachment to read the full report:

Dolat Capital Dalmia Bharat Q3FY21 Result Update.pdf
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