Dalmia Bharat rises on reporting over 2-fold jump in Q4 consolidated net profit
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Dalmia Bharat is currently trading at Rs. 1923.70, up by 3.40 points or 0.18% from its previous closing of Rs. 1920.30 on the BSE.
The scrip opened at Rs. 1909.70 and has touched a high and low of Rs. 1954.10 and Rs. 1885.95 respectively. So far 9339 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2168.00 on 21-Apr-2023 and a 52 week low of Rs. 1212.60 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 2168.00 and Rs. 1885.95 respectively. The current market cap of the company is Rs. 36493.05 crore.
The promoters holding in the company stood at 55.86%, while Institutions and Non-Institutions held 21.54% and 22.60% respectively.
Dalmia Bharat has reported results for fourth quarter (Q4) and year ended March 31, 2023.
Dalmia Bharat has reported 7.29% fall in its net profit at Rs 89 crore for the quarter under review as compared to Rs 96 crore for the same quarter in the previous year. However, total income of the company increased by 0.79% at Rs 128 crore for Q4FY23 as compared to Rs 127 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 609 crore for fourth quarter ended March 31, 2023 as compared to Rs 271 crore for the same quarter in the previous year. Total income of the company increased by 15.18% at Rs 3,953 crore for Q4FY23 as compared to Rs 3,432 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 6.56% rise in its net profit at Rs 195 crore as compared to Rs 183 crore for the previous year. However, total income of the company decreased by 4.87% at Rs 332 crore for year under review as compared to Rs 349 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported 27.69% rise in its net profit at Rs 1,079 crore as compared to Rs 845 crore for the previous year. Total income of the company increased by 19.50% at Rs 13,678 crore for year under review as compared to Rs 11,446 crore for year ended March 31, 2022.
