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UltraTech Cement Q2 Results FY2024-25: PAT falls 36% YoY to Rs 820 crore; shares slip https://t.co/JmvVzOzTNq
#MarketsWithBS | Shares of Multi Commodity Exchange of India (MCX) hit a new peak of Rs 6,679, up 2% on the BSE in Monday’s intra-day trade in an otherwise weak market. #StockMarket #mcx https://t.co/ZMx2vtxraP
#Q2WithETNOW | DB Corp Q2: PAT down 17.7% & Revenue by 4.6% #EarningsWithETNOW #DBCorp https://t.co/avJN1JasZu
Dalmia Bharat reported a significant decline in its second-quarter earnings for the fiscal year 2024-25. The company's net profit fell by 60.5% year-on-year to ₹49 crore, down from ₹124 crore in the same quarter of the previous fiscal. Revenue also declined by 2.1% to ₹3,087 crore, compared to ₹3,153 crore in the previous year. The earnings missed the CNBC-TV18 poll estimate of ₹75 crore. PAT was down 60.2%. Despite the downturn, Dalmia Bharat management maintained their guidance of growing at 1.5 times the industry growth rate, highlighting key factors such as volumes, prices, and EBITDA.
