Dalmia Bharat Ltd’s net profit jumps multi-fold at Rs 640 cr for Q4FY21

New Delhi: Cement manufacturer Dalmia Bharat Ltd’s consolidated net profit jumped multi-fold at Rs 640 crore for the quarter ended 31 March 2021 as compared to 24 crore in the same quarter of the previous fiscal.

In the fourth quarter ended 31 March 2021, the company got tax credit of Rs 212 crore. It had to pay a tax Rs 41 crore in the same period of the previous year.

The company’s revenue from operations jumped 32 percent at Rs 3,281 crore in the fourth quarter of last fiscal as against Rs 2,483 crore in the same quarter of the previous fiscal, the company said in a regulatory filing.

The company will pay a dividend of Rs 1.33 per equity share for the last fiscal.