Puneet Dalmia to take on additional role of CEO and MD at operating company Dalmia (Cement) Bharat
24 Jan 05:36 PM
Puneet Dalmia, the managing director and chief executive officer of Dalmia Bharat Limited, will also take on the additional role of CEO and MD of Dalmia (Cement) Bharat Limited. Dalmia Bharat Limited reported its quarterly results for the December quarter of financial year 2023-24, achieving sales of Rs. 3600 crore and EBITDA of Rs. 775 crore. The company's cement business saw a 6.8% YoY growth in sales volumes, and its cement capacity increased to 44.6 million tonnes. Dalmia Bharat's margins have improved, with net debt to EBITDA remaining at 0.16x.